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The Guardian - UK
The Guardian - UK
World
Jessica Elgot Chief political correspondent

Liz Truss announces full asset freeze against Russia’s biggest bank

The US announced it was, like the UK, imposing sanctions against Sberbank.
The US announced it was, like the UK, imposing sanctions against Sberbank. Photograph: Maxim Shemetov/Reuters

The UK will impose an asset freeze on Russia’s largest bank, place sanctions on eight more oligarchs and end imports of oil and coal by next year, the foreign secretary has said.

Amid growing horror over alleged war crimes committed by Russia in Ukraine, Liz Truss announced that oligarchs including Andrey Guryev, a Russian fertiliser billionaire linked to Witanhurst, the UK’s second-largest private residence after Buckingham Palace, would be subject to sanctions.

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