The government yesterday announced sanctions against Potanin, who was deputy prime minister under Boris Yeltsin; Anna Tsivileva, a cousin of Putin and president of the prominent Russian coal mining company JSC Kolmar Group; and Said Gutseriev, son of the already blacklisted Russian billionaire Mikhail Gutseriev.
"As long as Putin continues his abhorrent assault on Ukraine, we will use sanctions to weaken the Russian war machine," a government spokesperson said. "Today's sanctions show that nothing and no one is off the table, including Putin's inner circle."
The Foreign Office said Potanin was added to the list of more than 1,000 Russians hit by sanctions because he "continues to amass wealth as he supports Putin's regime, acquiring Rosbank, and shares in Tinkoff Bank in the period since Russia's invasion of Ukraine".
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