Alexey Navalny has called on the EU to impose sanctions on Russian “oligarchs,” rich businessmen he says are connected to the Kremlin. The opposition figure wants them to be prevented from keeping assets inside the 27-member bloc.
Navalny explicitly named Uzbek-Russian tycoon Alisher Usmanov and Israeli-Russian billionaire Roman Abramovich. Both men laid the foundations for their immense wealth during the Boris Yeltsin-era, when Western governments were encouraging privatization in Russia, and the country’s integration into the global capitalist system. Finnish-Russian magnate Boris Rotenberg, who came to prominence after President Vladimir Putin replaced Yeltsin, was also mentioned.
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