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Australia sanctions more Russians oligarchs

Russia Ukraine WarAustralia sanctions more Russians oligarchs

Canberra (Times Of Ocean)- Australian officials on Monday announced fresh sanctions against 33 prominent Russian businessmen and their relatives.

Australia has imposed sanctions on over 460 Russian individuals and entities so far, including travel ban on key leaders so far.

In a statement, the office of Foreign Minister Marise Payne said the sanctions targeted figures who amassed vast personal wealth, economic and strategic significance to Russia as well as those people who have close ties to Russian President Vladimir Putin.

The sanctions also affected Chelsea Football Club owner Roman Abramovich, Gazprom CEO Alexey Miller, Rossiya Airlines chairman Dmitri Lebedev, and head of defense conglomerate Rostec Sergey Chemezov.

On the sanctions list was also Russian Direct Investment Fund CEO Kirill Dmitriev, CEO of Transneft and chairman of Vnesheconombank Igor Shuvalov.

“We strongly support recent announcements by Canada, the European Union, New Zealand, the United Kingdom, and the United States of further restrictive measures against key Russian individuals,” said Australian Foreign Minister Marise Payne.

So far, 460 Russian individuals and entities have been sanctioned, including President Vladimir Putin and key civilian and military officials.

“We will continue to coordinate closely with our partners to impose a high cost on Russia for its actions,” said Payne.

More than 2.8 million people have fled the Ukraine since Russia launched its war: UN estimates.

UN says at least 596 civilians have also been killed and 1,067 injured in Ukraine.

While the EU, US, and others have imposed sanctions on Moscow, many companies and global brands have suspended operations in the country.

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