UK imposes sanctions against ‘Nickel King’, Russia’s second richest person:
Vladimir Potanin latest oligarch to be subjected to sanctions as ministers target ...
theguardian.com/world/2022/jun/29/vladimir-potanin-uk-sanctions-nickel-king-russia-putin
Photo: theguardian.com · view article
UK Targets Russia’s ‘Nickel King’ with SanctionsVladimir Potanin, Russia’s second wealthiest, sanctioned for backing Putin and acquiring key banking assets since Ukraine invasion.
Key FactsJun 29, 2022 · Reading time: ~30 sec.
Summary created with AI assistance · Source: theguardian.com
Summary created with AI assistance · Source: theguardian.com
- Vladimir Potanin, dubbed the ‘Nickel King,’ is among the latest Russian oligarchs sanctioned by the UK government.
- Since the Ukraine conflict began, Potanin has acquired shares in Rosbank and Tinkoff Bank, demonstrating support for Putin’s regime.
- His company Norilsk Nickel supplies critical materials, producing 15% of the world’s high-grade nickel vital for automotive and semiconductor industries.
- Other sanctions target Anna Tsivileva and Said Gutseriev due to their close ties to Putin and influential roles in Russian businesses.
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penalty or other mean of enforcement used to provide incentives for obedience with the law
2nd and 4th President of Russia (2000–2008, 2012–present), 7th and 11th Prime Minister of Russia (1999–2000, 2008–2012)
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