Putin’s pals facing sanctions

Britain has announced sanctions on three of President Vladimir Putin’s friends who face asset freezes, trading curbs, and UK travel bans as part of the government’s response to the conflict in Ukraine
   
     
UK sanctions
Gennady Timchenko, 69: Controls Luxembourg-based Volga Group – investment firm with 23% stake in Novatek, Russia’s second-largest producer of natural gas

Befriended Vladimir Putin (centre) during early 1990s.

Net worth of about $16 billion


UK sanctions
Boris Rotenberg, 65: Founded gas-pipeline and construction firm Stroygazmontazh in 2008 with his brother, Arkady
                                                                                           Brothers are also co-owners of SMP Bank, which has $640 million of assets frozen in U.S.

Net worth of about $1 billion
        

UK sanctions
Igor Rotenberg, 48: Eldest son of Arkady Rotenberg. Partner in family company Stroygazmontazh when it built bridge to Crimea peninsula, annexed by Russia from Ukraine
in 2014. Holds 78.7% stake in Russia’s biggest drilling company Gazprom Bureniye

Net worth of about $1 billion


Banks: UK also sanctioned five Russian banks including Promsvyazbank – which services Russia’s defence industry – and Bank Rossiya
                                              

Sources: Bloomberg Billionaires Index, Reuters 
Pictures: Getty Images 
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