
Hungary is trying to save some Russian oligarchs from European Union sanctions. In total, there are eight people on the list.
It is noted that information about Budapest's demands was confirmed by a European official and a Radio Liberty source in diplomatic circles.
Investigative journalists from the Sistema project found out who Hungary is trying to get out of EU sanctions:
- Alisher Usmanov is one of the richest businessmen in Russia. Under EU sanctions since February 28, 2022.
- Gulbahor Ismailova – Usmanov’s sister, likely owns part of his foreign assets. Sanctioned on April 8, 2022.
- Mikhail Fridman is a co-founder of Alfa-Bank and a major investor whose financial group has been active in EU countries. Sanctions were imposed on February 28, 2022.
- Petro Aven is another co-founder of Alfa-Bank. Sanctions were imposed on February 28, 2022.
- Dmitry Mazepin is a co-owner of the Uralkhim holding company, close to Vladimir Putin. Under sanctions since March 2022.
- Vyacheslav Moshe Kantor is a businessman who headed the European Jewish Congress. EU sanctions were imposed on April 8, 2022.
- Musa Bazhaev – head of the Alliance group and oil tycoon. Under sanctions since April 2022.
- Mikhail Degtyarev is the Minister of Sports of the Russian Federation. He has been under EU sanctions since July 25, 2014. As a State Duma deputy, he announced the opening of an “embassy of the DPR” in Moscow.
Sanctions against Russian oligarchs – latest news
Russian oligarchs continue to make money in Europe despite restrictions. Sanctions legislation has a loophole that allows them to finance the Russian Federation's military machine.
In addition, journalists found out that dozens of Russian billionaires have achieved the lifting of sanctions. Those who managed to get rid of restrictions were those who severed all ties with Russia, changed their place of residence, and proved that they do not conduct business in the Russian Federation.