The European Union will reportedly add Russian billionaires to its sanctions list as it looks to impose harsher punishments on wealthy Russians with close links to the Putin regime after reports of alleged war crimes.
Sberbank President Herman Gref is reportedly a part of the EU's fresh sanctions list.
According to the Financial Times, a draft list of the sanctions includes the former En+ Group president, who was added to the U.K. sanctions list last month.
Herman Gref, the CEO of Russia's largest lender Sberbank, who has also served as an adviser to Putin, is one of the key targets of the sanctions.
Said Kerimov, the principal owner of Polyus Gold, Russia's largest gold producer, is one of the purported sanctions targets.
The sanctions list is expected to include the daughters of Vladimir Putin from his first marriage.
There will be a ban on the import of Russian coal, additional restrictions on the country's banking systems, and export controls on advanced technology in a proposed fifth package of penalties against Moscow.
The 5th EU sanctions package was strengthened to include bans on Russian coal, vessels accessing EU ports, and road transport operators. It will take an embargo on gas and oil to stop Putin. Difficult times require difficult decisions.
The European Union has proposed new sanctions against Russia for its alleged war crimes in Ukraine. After the Russian military was forced to retreat from the region, there were horrifying images of dead civilians and mass graves. The bodies of at least 410 dead people were found in the suburbs north of the city. President Joe Biden called for a war crimes trial against Putin on Monday.
The EU will add high-profile Russian executives to its sanctions list.
The EU is weighing sanctions on Russian Tycoons.
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