July 5, 2022

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Truss will get private: Putin and Lavrov daughters immediately focused with fortunes 'lower off'

The International Workplace introduced on Friday new sanctions from the UK in opposition to the daughters of Putin and his International Minister Sergeĭ Lavrov. Katerina Vladimirovna Tikhonova and Maria Vladimirovna Vorontsova, the daughters of Putin, and Yekaterina Sergeyevna Vinokurova, daughter of Lavrov, will probably be topic to journey bans and asset freezes.

The sanctions from the UK in opposition to Katerina, Maria and Yekaterina had been coordinated with the US.

On March 25, the UK sanctioned Polina Kovaleva, Sergeĭ Lavrov’s step-daughter.

In the meantime, UK evaluation reveals greater than £275 billion, or 60 p.c of Russian overseas forex reserves, of Putin’s warfare chest has been frozen by co-ordinated UK and worldwide sanctions in latest weeks.

Estimates for Russia’s GDP development in 2022 vary from -8.5 p.c to -15 p.c following the tidal wave of sanctions.

In a press release, Ms Truss, International Secretary, stated: “Our unprecedented bundle of sanctions is hitting the elite and their households, whereas degrading the Russian financial system on a scale Russia hasn’t seen for the reason that fall of the Soviet Union.

“However we have to do extra. By means of the G7, we’re working with companions to finish using Russian power and additional hit Putin’s capability to fund his unlawful and unjustified invasion of Ukraine.

“Collectively, we’re tightening the ratchet on Russia’s warfare machine, slicing off Putin’s sources of money.”

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