News
Ukraine imposes sanctions against tycoon Firtash
27 Jun 2021

Ukraine’s President Volodymyr Zelenskiy on Thursday signed a decree imposing sanctions on tycoon Dmytro Firtash, the presidential office said.

The decree said sanctions included an asset freeze, ban on capital withdrawal, revocation of licences, restriction of resource transit and other restrictions.

Ukraine’s security and defence council last week announced the sanctions against Firtash, accusing him of selling titanium products that allegedly end up being used by Russian military enterprises. Firtash denies the accusations. read more

The manufacture of titanium products is a core business in Firtash’s Group DF and it includes titanium mining and enrichment, the production of titanium dioxide, titanium slag, sponge ingots and slabs.

By Pavel Polityuk and Natalia Zinets, Reuters, 24 June

Read more at Reuters

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