• Latest
UK Sanctions Russia’s Second Richest Man Potanin & Putin’s Cousin Tsivileva

UK Sanctions Russia’s Second Richest Man Potanin & Putin’s Cousin Tsivileva

3 years ago
Museveni Receives $53m Military Equipment From Russia

Museveni Receives $53m Military Equipment From Russia

23 hours ago
Museveni Hails Indian Community For Driving Uganda’s Economic Growth

Museveni Hails Indian Community For Driving Uganda’s Economic Growth

23 hours ago
Museveni Credits Disarmament for Karamoja’s Peace and Stability

Museveni Credits Disarmament for Karamoja’s Peace and Stability

23 hours ago
RUBiS Energy Launches Castrol Power 1 Motorcycle Oil with “Ekijja Kijje” Campaign

RUBiS Energy Launches Castrol Power 1 Motorcycle Oil with “Ekijja Kijje” Campaign

1 day ago
Vinka, DJs Kamali and Lynda Ddane Light Up  ‘The Big Meeting’ October Edition

Vinka, DJs Kamali and Lynda Ddane Light Up ‘The Big Meeting’ October Edition

1 day ago
Kampala Dances to the 2010’s at the DJ Bugy Show

Kampala Dances to the 2010’s at the DJ Bugy Show

2 days ago
SoftPower News
Tuesday, October 28, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home International News

UK Sanctions Russia’s Second Richest Man Potanin & Putin’s Cousin Tsivileva

by Our Reporter
June 29, 2022
UK Sanctions Russia’s Second Richest Man Potanin & Putin’s Cousin Tsivileva
17
VIEWS

 

The UK Government has today (Wednesday 29 June) announced new sanctions, hitting Putin’s inner circle.

Related Stories

Museveni Receives $53m Military Equipment From Russia

Museveni Hails Indian Community For Driving Uganda’s Economic Growth

Museveni Credits Disarmament for Karamoja’s Peace and Stability

Amongst those sanctioned is Vladimir Potanin – Russia’s second richest man and owner of major conglomerate Interros.

Potanin continues to amass wealth as he supports Putin’s regime, acquiring Rosbank, and shares in Tinkoff Bank in the period since Russia’s invasion of Ukraine.

Anna Tsivileva, Putin’s cousin and President of the prominent Russian coal mining company, JSC Kolmar Group, has also been sanctioned.

Tsivileva’s husband Sergey Tsivilev is Governor of the coal rich Kemerovo region and the couple have significantly benefitted from their relationship to Putin. JSC Kolmar Group is also being sanctioned today.

A Government Spokesperson said:“As long as Putin continues his abhorrent assault on Ukraine, we will use sanctions to weaken the Russian war machine. Today’s sanctions show that nothing and no one is off the table, including Putin’s inner circle.”

The UK government is also sanctioning a group of Russian individuals and companies for their involvement in repressing civilians and supporting the Assad regime in Syria – exposing Russia’s malign activity across the globe.

Anna Tsivileva

The UK government is also acting alongside international allies to introduce new measures that will prevent Russia from accessing UK trusts services. These services, which allow a person or business to manage the assets of another, are another major element of the UK’s world-class financial services sector that Russia will no longer be able to use.

Throughout Putin’s war of choice, international partners have stood side by side with Ukraine and used sanctions to punish his abhorrent invasion and Governments and businesses alike are turning their backs on Russia. The UK has sanctioned more than 1,000 people and over 120 businesses since Putin’s invasion of Ukraine and three quarters of foreign companies have reduced operations in Russia – nearly a quarter of which have completely withdrawn.

Russian imports have dropped over 40% since the invasion and stockpiles of vital imported manufacturing components are likely to be depleted in the next three to six months.

Car production is also down by 60% and Russia’s own Transport Minister has admitted that Russia’s logistical infrastructure is now “broken” as a result of sanctions.

Tags: Anna TsivilevaRussiasanctionsSoftPowerSoftPower NewsTop Uganda NewsUKUkraineVladimir Potanin

Recent Stories

Museveni Receives $53m Military Equipment From Russia

Museveni Hails Indian Community For Driving Uganda’s Economic Growth

Museveni Credits Disarmament for Karamoja’s Peace and Stability

RUBiS Energy Launches Castrol Power 1 Motorcycle Oil with “Ekijja Kijje” Campaign

Vinka, DJs Kamali and Lynda Ddane Light Up ‘The Big Meeting’ October Edition

Kampala Dances to the 2010’s at the DJ Bugy Show

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?