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Sanctions announced against Russian oligarchs Alisher Usmanov and Igor Shuvalov

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Russian billionaire Usmanov, 68, who had ties to Everton and Arsenal football clubs, owns Beechwood House in Highgate, worth an estimated £48m, and the 16th century Sutton Place estate in Surrey, the Foreign and Commonwealth Office said.

Former Russian deputy prime minister Igor Shuvalov’s assets in the UK include two luxury apartments in central London worth an estimated £11m.

The 55-year-old is a core part of Vladimir Putin’s inner circle, and headed up Russia’s bid for the 2018 Football World Cup, the FCO said.

The sanctions are the latest announced by the Government in response to Russia invading Ukraine.

But Roman Abramovich, who says he will sell Chelsea FC, is not on the latest tranche of sanctioned oligarchs after it was conceded it could take “weeks and months” to build legally sound cases.

Foreign Secretary Liz Truss said: “Our message to Putin and his allies has been clear from day one – invading Ukraine would have serious and crippling economic consequences.

“Sanctioning Usmanov and Shuvalov sends a clear message that we will hit oligarchs and individuals closely associated with the Putin regime and his barbarous war.

“We won’t stop here. Our aim is to cripple the Russian economy and starve Putin’s war machine.”

Ms Truss will establish an Oligarch Taskforce of ministers and officials from departments including the Home Office, the Treasury and the National Crime Agency to co-ordinate sanctions and build cases against targets.

After the latest sanctions, Prime Minister Boris Johnson said: “For as long as Putin continues his barbaric attack on innocent Ukrainians we will continue to exert every power we have to inflict maximum economic pain on Putin and his war machine.”

Firefighters tackling a blaze at a Kharkiv University faculty building caused by a Russian missile strike, according to the State Emergency Service of Ukraine

/ PA Media

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