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- Russian oligarchs shift assets out of London as sanctions loom
Posted by : Unknown
Friday, 25 July 2014
Russian oligarchs shift assets out of London as sanctions loom
‘Russian oligarchs are moving money out of London following threats of tough financial sanctions in the wake of the attack on Flight MH17, Downing Street has said.
Allies of Vladimir Putin are understood to be reacting after British demands to punish the Russian president’s “cronies”.
The European Union on Tuesday agreed to draw up a list of Russians who will face sanctions following the downing of the Malaysia Airlines plane, which killed 298 people.’