An Austrian MP has called for the EU to impose sanctions on Ukrainian oligarchs, who he claims are the real culprits behind the military conflict between Kiev and Moscow. Martin Graf described the bloc’s current policy on Ukraine deeply flawed. “I demand that the EU authorities impose sanctions on Ukrainian …
Read More »Ukrainian refugees could be housed in oligarchs’ mansions
UK Deputy Prime Minister Dominic Raab has shown his support for the idea of housing Ukrainian refugees in the confiscated properties of some of Russia’s wealthiest people. During an LBC radio broadcast on Friday, Raab, formerly the UK foreign secretary, confirmed that the property assets owned by Russian oligarchs in …
Read More »UK could struggle to sanction Russian ‘oligarchs’ – media
Russia’s wealthiest tycoons may not be hit immediately by British embargos, a media report has claimed, alleging that the government has been unable to build a substantive case against them. In a report published by The Times on Thursday, it was alleged that the Foreign Office and National Crime Agency …
Read More »‘Oligarchs’ flee Ukraine — reports
Reports in the local media have suggested that an exodus of Ukraine’s richest, including the so-called ‘oligarchs,’ from the country has been in full swing. A report published by Ukrayinska Pravda newspaper on Sunday claimed that “about 20 charters and private jets” departed from Kiev on that day alone. The …
Read More »Russia tells Britain what will happen if it sanctions ‘oligarchs’
Any attempts to seize property from Russian individuals London believes to be “oligarchs” would primarily hurt Britain itself, the head of Russia’s Senate committee for protection of national sovereignty, Andrey Klimov, said on Sunday. The move would likely heavily damage the UK’s image as a safe place for investments, causing …
Read More »UK divulges what it might do with Russian oligarchs
The British government is expected to introduce new legislation to expand the scope of sanctions London can apply to Russia in the event of a hypothetical war with Ukraine, according to UK Foreign Secretary Liz Truss. “What the legislation enables us to do is hit a much wider variety of …
Read More »Ukrainians name 9 oligarchs who dominate country
More than half (55%) of Ukrainians now view Ukrainian President Volodymyr Zelensky as an oligarch, despite his self-proclaimed stance as an anti-establishment figure attempting to end the political dominance of rich businessmen. That’s according to a pol, published last week, by the Razumkov Center, a Kiev-based think tank founded in …
Read More »Ukraine’s oligarchs know no borders
Last month, President Volodymyr Zelensky used a press conference to announce a coup against him was afoot, and that billionaire rival Rinat Akhmetov was playing a leading role in it. Zelensky’s tale was rambling and muddled: it was unclear what exactly he was accusing the oligarch of, and the president’s sources …
Read More »Dutch Supreme Court backs Russia over Yukos oligarchs in $57 billion arbitration case
“Today the Supreme Court quashed the appeal court’s final judgement as well as the court’s preceding judgement,” the Supreme Court said in a statement on Friday, noting that the case would be referred to the Amsterdam Court of Appeal for “renewed judgement.” The judges contended that Russia had acceptable grounds …
Read More »Russia slams ‘immoral’ claims from oligarchs over collapsed Yukos oil empire as final showdown around $50bn legal case begins
Hearings as part of the $50 billion case began at the Supreme Court in The Hague on Friday, with lawyers for the Russian government seeking to overturn a Dutch tribunal’s previous decision to hand damages to the business’ ex-shareholders. Yukos’ former owners say the company’s assets were confiscated in what …
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