[ad_1]
Boris Johnson has hit Russia with what he called the “largest set of sanctions ever imposed anywhere by the UK government” – targeting individuals including President Vladimir Putin’s former son-in-law.
Downing Street confirmed a range of further oligarchs who are particularly close to the Kremlin will be sanctioned, including Russia’s youngest billionaire and former husband of Vladimir Putin’s daughter, Kirill Shamalov, the chairman and CEO of PSB bank Petr Fradkov, deputy president of VTB bank Denis Bortnikov, general director of United Aircraft Corporation Yury Slyusar and CEO of Novikombank Georgieva Elena Aleksandrovna.
Live updates as Putin authorises military operation
The prime minister said there are also plans to introduce legislation that would limit the amount of deposits Russian nationals will be able to hold in UK bank accounts and to work with G7 and NATO allies to shut off the country’s access to the SWIFT payment system.
The measures will come into force as soon as they are laid in parliament, which for some is likely to be as soon as next week.
Whitehall officials said they expected the economic impact of the collective sanctions would be significant, potentially knocking several percentage points off Russia’s GDP over the next 12 months
PM brands Putin a ‘bloodstained aggressor’
Addressing MPs, Mr Johnson said: “Putin will stand condemned in the eyes of the world and of history. He will never be able to cleanse the blood of Ukraine from his hands.
“Although the UK and our allies tried every avenue for diplomacy until the final hour, I am driven to conclude that Putin was always determined to attack his neighbour, no matter what we did.
“Now we see him for what he is – a bloodstained aggressor, who believes in imperial conquest.”
The prime minister added that “this hideous and barbarous…
[ad_2]
Source : skynews
