Russia's wealthiest man hit by EU sanctions due to ties to Putin and Russian officials

[Yo_Mama_Been_Loggin]

Alexei Mordashov, Russia's richest man and largest shareholder of Severstal, one of Russia‘s biggest steelmakers, has been blacklisted by the Europe Union as of Monday.

Mordashov is also chair of Severgroup, which the EU said controls television stations that promotes Moscow’s policies of destabilizing Ukraine. The EU also claimed Rossiya Bank, in which Mordashov is a shareholder, is the “personal bank” of senior Russian officials who have made profit from the occupation of Crimea, Ukraine.

On Monday, the EU announced sanctions against presidential press secretary Dmitry Peskov and 24 other Russians, including politicians, businessmen, top managers and journalists close to Russia's president Vladimir Putin.

Mordashov became Severstal’s chief executive officer in 1996 at age 31 and has a net worth of about $21.9 billion, according to the Bloomberg Billionaires Index.

https://www.msn.com/en-us/news/world/russias-wealthiest-man-hit-by-eu-sanctions-due-to-ties-to-putin-and-russian-officials/ar-AAUw4qs

[Budi]

1. Global sanctions intended to blow up the engine that turns all the wheels.

Greed for Money for power.