Tag Archives: Polymetal

Johnson’s sanctions hesitation lets Russians make $423 million AFTER invasion of Ukraine

Let the money flow, says Johnson: it’s all going into the pockets of his Russian friends – at a time when Western governments are supposed to be cutting off the flow of money into Russia.

File this under: evidence that Boris Johnson is an asset of the Russian government.

Four Russian-born oligarchs have raked in $423 million in dividends on shares in Russian companies on the UK stock exchange, after the UK imposed sanctions on Russian firms.

How were Roman Abramovich, Alexander Abramov, Aleksandr Frolov and Alexander Nesis able to have the payouts from Evraz and Polymetal? Simple.

Those firms weren’t on Boris Johnson’s list of those to be sanctioned.

In total, the four named billionaires have received $4.5billion (£3.4billion) in payouts from the FTSE100-listed Russian commodities giants since the Tory government of the day failed to act decisively on them after Russia annexed the Crimea in 2014.

None of the four billionaires have been sanctioned either.

It seems Boris Johnson – and his government – deliberately pretended to be imposing heavy sanctions while doing nothing of the sort… wouldn’t you agree?

Source: Oligarchs take £3bn in dividends from Britain | This is Money

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