United Kingdom UK has announced a series of sanctions against Russia imposing asset freezes on five major Russian banks and three high net worth individuals.
Gatekeepers News reports that UK’s prime minister, Boris Johnson made the announcement while addressing lawmakers on Tuesday in the House of Commons.
He said many investigations relating to unexplained wealth orders are under way.
Johnson said the first tranche of sanctions would target Rossiya, IS Bank, General Bank, Promsvyazbank and the Black Sea Bank.
He added that measures would also sanction three “very high net worth” individuals: Gennady Timchenko, Boris Rotenberg and Igor Rotenberg.
Johnson said the move to sanction Russia had arisen despite himself and several other world leaders giving Putin “every opportunity” to pursue his aims via diplomacy.
Johnson said, “We will continue to seek a diplomatic solution until the last possible moment but we have to face the possibility that none of our messages have been heeded and that Putin is implacably determined to go further in subjugating and tormenting Ukraine.
“This the first tranche, the first barrage of what we are prepared to do and we hold further sanctions at readiness to be deployed alongside the United States and the European Union if the situation escalates still further.”
