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New UK Sanctions Target Putin’s Financial Work Including Ex-wife

The UK has added Russian President Vladimir Putin’s former wife and family members to its sanctions list in a bid to target the financial network supporting Putin’s “luxury lifestyle,” Foreign Secretary Liz Truss has announced.
The new sanctions are targeted at Putin’s “wallet” of family and friends, those whom the Russian leader “rewards with state positions and wealth in return for their undying loyalty,” the Foreign Office said on May 13.
Russia’s official records list only modest assets for Putin, including a small flat in St. Petersburg, two Soviet-era cars from the 1950s, a trailer, and a small garage.

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