UK sanctions five Russian banks, three high net worth individuals

By Staff Reuters

Posted February 22, 2022 8:36 am EST

1 min read

This article is more than 3 years old and some information may not be up to date.

British Prime Minister Boris Johnson said on Monday that Putin’s recognition of the independence of two breakaway Ukrainian regions is a “clear break of international law.” He said the U.K. will respond with its allies to Putin’s actions – Feb 21, 2022

Prime Minister Boris Johnson on Tuesday said Britain would sanction five Russian banks and three high net worth individuals including Gennady Timchenko after Russian President Vladimir Putin recognized two breakaway regions of east Ukraine.

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“Today, the UK is sanctioning the following five Russian banks: Rossiya, IS Bank, General Bank, Promsvyazbank and the Black Sea Bank, and we’re sanctioning three very high net worth individuals,” Johnson told parliament.