Australia joins the UK and US in sanctioning key Russian oligarchs

  • Media release
14 March 2022

The Australian Government today announces fresh sanctions on 33 Russian oligarchs, prominent businesspeople and their immediate family members.

The sanctions announced today reinforce Australia's commitment to sanction those people who have amassed vast personal wealth and are of economic and strategic significance to Russia, including as a result of their connections to Russian President Vladimir Putin.

They include Roman Abramovich, Chelsea Football Club owner, Alexey Miller the CEO of Gazprom, Dmitri Lebedev Chairman of Rossiya, Sergey Chemezov Chair of Rostec, Nikolay Tokarev CEO of Transneft, Igor Shuvalov Chairman Vnesheconombank (VEB.RF) and Kirill Dmitriev CEO of Russian Direct Investment Fund (RDIF).

We strongly support recent announcements by Canada, the European Union, New Zealand, the United Kingdom, and the United States of further restrictive measures against key Russian individuals.

Australia has joined with our partners in establishing strong, sequential sanctions, with over 460 sanctions placed on individuals and entities in past weeks. This includes the Central Bank of Russia; their national sovereign wealth fund, Russian Direct Investment Fund (RDIF); Russia's Armed Forces; political and military figures including President Putin, his Security Council and his strategic drivers of disinformation; and a number of oligarchs.

We will continue to coordinate closely with our partners to impose a high cost on Russia for its actions.

The Australian Government reiterates our strongest support for Ukraine's sovereignty and territorial integrity and for the people of Ukraine.

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