Britain sanctions 5 Russian banks and Gennady Timchenko, Johnson says

Britain on Tuesday (February 22) slapped sanctions on 5 Russian banks and three males, together with Gennady Timchenko, who’ve shut hyperlinks to Vladimir Putin after the Kremlin chief ordered the deployment of troops to 2 breakaway areas in japanese Ukraine.

British Prime Minister Boris Johnson stated the Kremlin was laying the bottom for a full-scale invasion of Ukraine and that the world ought to now brace for the following stage of Putin’s plan.

Johnson instructed parliament that 5 banks – Rossiya, IS Financial institution, GenBank, Promsvyazbank and the Black Sea Financial institution – had been being sanctioned, together with three folks – Timchenko, Igor Rotenberg and Boris Rotenberg.

“That is the primary tranche, the primary barrage of what we’re ready to do,” Johnson stated.

Tons of of billions of {dollars} have flowed into London and Britain’s abroad territories from Russia because the fall of the Soviet Union in 1991, and London has change into the Western metropolis of alternative for the super-wealthy of Russia and different former Soviet republics.

(Reuters)