Fri. Nov 22nd, 2024

Britain imposed sanctions against Firtash and took away his London Underground station

Britain imposes sanctions on Firtash, takes away his London Underground station

The UK has announced sanctions against Ukrainian oligarch Dmitry Firtash.

This is stated in an official statement by the British government.

According to the decision, the UK imposed sanctions against three known kleptocrats who have siphoned wealth from their countries, as well as their friends, families and intermediaries who helped them. The sanctioned trio – Dmytro Firtash.

"Dmytro Firtash, the notorious oligarch who siphoned hundreds of millions of pounds out of Ukraine through corruption and control of gas distribution, and hid tens of millions of pounds of ill-gotten gains in the UK property market alone",– the statement said.

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The UK has also imposed sanctions on his wife, Lada Firtash, who holds UK assets on his behalf, including the old Brompton Road tube station, and Denys Gorbunenko, a UK financial fixer who facilitated Firtash’s corruption.

The sanctions include asset freezes and a travel ban.

“These unscrupulous individuals are selfishly depriving their fellow citizens of desperately needed funding for education, health and infrastructure to enrich themselves.

When I became Foreign Secretary, I made a commitment to tackle kleptocrats and the dirty money that gives them power, and these sanctions are the first step in realising that ambition. The tide is turning. “The golden age of money laundering is over,” said British Foreign Secretary David Lemmy.

Prepared by: Nina Petrovich

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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