Tuesday, July 28th17.2°C
25993
26033

3 long-time Putin allies, including ex-judo partner, among 8 people hit with new EU sanctions

BRUSSELS - The European Union targeted Russian President Vladimir Putin's inner circle for the first time Wednesday for the Kremlin's actions in Ukraine, subjecting three of his long-time associates to EU-wide asset freezes and travel bans.

A total of eight people were added to the EU's sanctions list for allegedly undermining Ukraine's sovereignty or profiting from Moscow's takeover of Crimea, the EU's Official Journal showed. Three companies were also blacklisted.

Among the individuals was Arkady Rotenberg, Putin's former judo partner and a major shareholder of the civil engineering company Giprotransmost. The company has received a public contract to conduct a study on building a bridge from Russia to Crimea, the EU said.

Also targeted was Yuri Kovalchuk, a longtime Putin acquaintance identified by the EU as co-founder of the Ozero Dacha, a co-operative society bringing together influential individuals around Russia's president. Kovalchuk is also the chairman and largest shareholder of Bank Rossiya, which has opened branches in Crimea since its unilateral annexation by Russia.

The third Putin ally on the sanctions list was Nikolai Shamalov, another Ozero Dacha co-founder and the second largest shareholder in Bank Rossiya.

Rotenberg and Kovalchuk have been subject to similar U.S. sanctions since March.

The other five people targeted by the EU measures, which go into effect immediately, include the first deputy chief of staff of the Russian presidential administration and three pro-Moscow officials in Crimea and eastern Ukraine.

The companies subjected to EU restrictions were the Russian National Commercial Bank, which was taken over by pro-Russian authorities in Crimea, the subsidiary of the Russian state-owned Aeroflot airline that now operates between Moscow and Crimea, and Almaz-Antei, which the EU said makes anti-aircraft missiles that separatists in Ukraine have used to shoot down aircraft.

The new measures mean a total of 95 people and 23 entities are now subject to the EU's Ukraine-related sanctions.

The Canadian Press


Read more Business News

25528


Recent Trending




Today's Market
S&P TSX14001.37-184.87
S&P CDNX581.71-10.78
DJIA17440.59-127.94
Nasdaq5039.78-48.85
S&P 5002067.64-12.01
CDN Dollar0.7678+0.001
Gold1093.90+8.30
Oil47.38-0.47
Lumber258.10+0.40
Natural Gas2.789+0.001

 
Okanagan Companies
Pacific Safety0.18-0.01
Knighthawk0.010.00
QHR Technologies Inc1.36-0.04
Cantex0.05+0.00
Anavex Life Sciences0.91+0.13
Metalex Ventures0.06-0.01
Russel Metals19.45-1.73
Copper Mountain Mining0.80-0.03
Colorado Resources0.06+0.00
ReliaBrand Inc0.0045-0.0022
Sunrise Resources Ltd0.03+0.01
Mission Ready Services0.15+0.00
Decisive Dividend Corp2.70-0.05

 





FEATURED Property
232462426 218 glenpark dr
4 bedrooms 4 baths
$399,995
more details
image2image2image2
Click here to feature your property
Please wait... loading


Chasing ducks

Photo: Thinkstock.comWhen businessmen tell me that being low priced is the only way to stay in business, I am skeptical. Price is the simplest way for a consumer to compare and is overused as the basi...


Taking care of business

Photo: Thinkstock.comRetirement as a goal has changed a lot over the years. There was a time, it was the only goal. You’d punch the clock and count the years until you could stop punching that t...


Income from home equity

Photo: Thinkstock.comWhen retirement funds run low, seniors often ask if tapping into the equity in their home is the right way to retain financial independence. To see if this option might be a good ...

_








Member of BC Press Council


24697