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Britain sanctions Angola's dos Santos, Ukrainian oligarch Firtash in corruption crackdown

Britain has barred Angolan billionaire Isabel dos Santos and Ukrainian oligarch Dmytro Firtash and has frozen their UK possessions, the federal government announced on Thursday, in what it said became part of a new crackdown on ' dirty cash'.

The procedures were the first step in tightening Britain's. anti-corruption sanctions program as promised in July's election,. the Labour federal government stated.

These deceitful people selfishly deny their. fellow people of much-needed funding for education, healthcare. and infrastructure - for their own enrichment, Foreign. Secretary David Lammy said in a declaration.

Dos Santos, whose daddy Jose Eduardo dos Santos ruled. Angola for 38 years up until 2017, is Africa's first female. billionaire and has actually dealt with corruption allegations in Angola and. somewhere else for many years. She rejects the allegations and says she is. the target of a long-running political vendetta.

Firtash is wanted by Ukrainian and U.S. authorities on. suspicion of embezzling almost $500 million including Ukraine's. gas transit system. He states the charges lack legal. foundation.

A Latvian oligarch was the 3rd primary private approved,. with Britain likewise announcing procedures versus five other. people connected to the trio.

Lammy stated the charges were the start of a crackdown.

I devoted to handling kleptocrats and the dirty money. that empowers them when I became Foreign Secretary and these. sanctions mark the primary step in delivering this aspiration, he. stated.

Britain stated dos Santos abused her position at Angolan state. oil firm Sonangol and telecoms business Unitel to embezzle at. least 350 million pounds ($ 440 million).

Dos Santos lost an appeal to reverse an order freezing up. to 580 million pounds of her possessions in September as part a. lawsuit at London's High Court brought by Unitel. Worldwide authorities. agency Interpol has provided a red notice for her.

A spokesperson for dos Santos did not right away reply to a. ask for discuss the government-imposed sanctions.

Britain said Firtash had actually extracted numerous countless. pounds from Ukraine through corruption, and concealed 10s of. countless pounds of ill-gotten gains in the UK residential or commercial property market. alone.

Britain likewise sanctioned his partner Lada Firtash, who it said. held UK properties on his behalf consisting of the website of the old. Brompton Road underground rail station in London.

Latvian oligarch and politician Aivars Lembergs, who was put. on a U.S. sanctions list in 2019 for alleged corruption, was. also approved, as was his daughter Liga Lemberga. The British. federal government stated Lembergs had mistreated his political position to. devote bribery and wash money.

(source: Reuters)