New EU Sanctions Hit Wealthy Russians, Including Race Driver
- Latest measures target wealthy oligarchs and lawmakers
- The bloc will also ban three Belarus banks from SWIFT
Dmitry Mazepin
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
The European Union approved sanctions against 14 wealthy Russian individuals and some of their family members and more than 140 members of the upper house of the Russian Parliament as part of the bloc’s latest response to Moscow’s invasion of Ukraine.
Dmitry Mazepin, the owner and chief executive officer of the mineral fertilizer company Uralchem, was included in the list of sanctioned individuals, as well as his son, Nikita, the Formula 1 driver whose contract was recently terminated with the Haas F1 Team, according to the EU’s official journal.