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Evening Standard
Evening Standard
Business
Simon Hunt

Russian fintech and Kalashnikov owner added to UK’s sanctions list

Oil and gas tycoons, Russia’s biggest fintech and the owner of the company behind the AK-47 are among those listed as part of a fresh wave of sanctions as the UK ramps up its economic offensive against Russia.

A further 86 individuals and entities have been added to the government’s list of financial sanctions targets, which seek to penalise businesses and individuals connected to Russia’s capacity to fund and wage its war on Ukraine, with a focus on organisations involved in energy, metals, defence, transport, and financial sectors.

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