Key Putin oligarchs still profiting from trade with Europe, despite sanctions

Companies partially owned by billionaires closely tied to Putin continue to export their products to Western markets without disruption

A loophole allowing firms to operate in EU if sanctioned individuals hold less than 50% of shares enables oligarchs like Gennady Timchenko, Alisher Usmanov, and Oleg Deripaska to reap profits

#Russianoligarchs #Russiansanctions #Deripaska #Timchenko #Usmanov

https://theins.ru/en/corruption/277396

A sign sports-washing continues to flourish...billionaire oligarch Alisher Usmanov - a former top shareholder in Apple, Facebook, Twitter who is sanctioned by US, EU, UK and Ukraine - has been re-elected president of the International Fencing Federation

#AlisherUsmanov #Usmanov #InternationalFencingFederation #IFF

https://www.reuters.com/sports/russian-uzbek-billionaire-usmanov-elected-president-international-fencing-2024-11-30/