EU to add Sberbank, Russian metals baron to sanctions list

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EU to add Sberbank, Russian metals baron to sanctions list
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The EU is set to add Russia's top lender Sberbank and the head of giant zinc and copper firm UMMC to its list of individuals and companies banned for supporting Moscow's invasion of Ukraine, according to draft documents seen by Reuters.

The 48 individuals and nine entities to be added to the sanctions list, prepared by the EU foreign affairs service, also include a motorcycle club, actors, politicians and family members of previously sanctioned businesspeople.would freeze its assets in the West and completely prevent transactions with the exception of financial operations for the trade in food and fertiliser, an EU official told Reuters.

Sanctions rules will however be revised to ensure Russian banks previously added to the list can use some frozen funds to trade food and fertilizers, a measure meant to eliminate inadvertent hurdles to global food trade.The head of zinc and copper giant UMMC, Andrei Kozitsyn, is being added to the list as deemed to be "involved in economic sectors providing a substantial source of revenue to the government", the document said.

Russia's commissioner for children's rights, Maria Lvova-Belova, is added to the list, accused of being "one of the most involved persons in the illegal transportation of Ukrainian children to Russia and their adoption by Russian families". Russia's Night Wolves motorcycle club and its leaders are to be sanctioned, among them Josef Hambalek, president of the club's European chapter, accused of training members in a camp in Slovakia for combat in Ukraine. He "has close ties with the former Slovakian government and can be connected to Russian President Vladimir Putin," the document says.

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