ua en ru

Zelenskyy imposes sanctions against companies related to oligarch Friedman

Zelenskyy imposes sanctions against companies related to oligarch Friedman Ukrainian President Volodymyr Zelenskyy (Photo: RBC-Ukraine, Vitalii Nosach)

Ukrainian President Volodymyr Zelenskyy today, on November 7, imposed sanctions against nine legal entities. Some of them are associated with Russian oligarch Mikhail Fridman, according to the Office of the President of Ukraine.

This is stipulated in Presidential Decree No. 739/2023.

Zelenskyy implemented the decision of the National Security and Defense Council of Ukraine dated November 7, 2023, "On the application of personal special economic and other restrictive measures (sanctions)."

The Security Service of Ukraine proposed the imposition of sanctions.

Entities subject to restrictions:

  1. Sogeral Foundation;
  2. Haberfield Limited;
  3. Alfa Finance Holdings Limited;
  4. Erasmony Limited;
  5. Rissa Investments Limited;
  6. International Distribution Systems Limited;
  7. Slavisilla Holdings Limited;
  8. CTF Holdings S.A.;
  9. Dendar Investment Fund Limited.

These companies are registered in Cyprus, Liechtenstein, and Luxembourg. Some companies are subject to restrictions for ten years, while others are for two years.

Connection with Fridman

Some companies are related to the Russian oligarch Mikhail Fridman—for example, International Distribution Systems Limited, Erasmony Limited, and Alfa Finance Holdings Limited.

Criminal Prosecution of Fridman in Ukraine

Recently, detectives from the Bureau of Economic Security of Ukraine filed a suspicion report against the Russian oligarch Mikhail Fridman regarding the laundering of 100 million hryvnias through the Ukrainian "Sens Bank" (formerly "Alfa-Bank").

The Ukrainian Security Service also announced suspicion against the Russian oligarch Mikhail Fridman. He financed several defense plants in Russia with billions of rubles.