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The New Statesman | UK politics and culture

Sanctions and refugees: are UK ministers failing in their duties?

The New Statesman | UK politics and culture

The New Statesman

News & Politics, Society & Culture, News, Politics

4.41.4K Ratings

🗓️ 10 March 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

The owner of Chelsea Football Club, Roman Abramovich, and leading industrialist Oleg Deripaska are among the seven wealthy and influential Russian oligarchs who have been sanctioned by the UK over Russia’s war in Ukraine.


Anoosh Chakelian is joined by the New Statesman’s associate editor of business, Emma Haslett, to discuss the UK’s history of welcoming and protecting Russian wealth, why repeated attempts to reform the system have fallen short, and whether the Economic Crime Bill is the answer.


Then, in You Ask Us, a listener questions why the UK’s response to the Ukrainian refugee crisis has been so inadequate.


If you have a question for You Ask Us, email [email protected].


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Transcript

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0:00.0

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0:32.1

Hi, I'm Anouche, Alva's on a well-deserved holiday this week, but I'm delighted to be joined by

0:36.7

my colleague Emma Haslitt, our Associate Editor for Business, to discuss the sanctions.

0:41.7

Hey, and you ask us, why is the UK Government bungling its refugee response?

0:47.2

So today, I'm delighted to be joined by our Associate Editor for Business, Emma Haslitt.

0:57.1

Thanks so much for joining us, and you've actually come on the perfect morning,

0:59.9

we're recording on a morning where the UK Government has announced new sanctions on some high

1:04.5

profile individuals, including a bram of it. So can you tell us a bit about who's going to be

1:08.9

hit and what it means for them? I was so excited to tell you Anouche. Okay, so we've got seven new

1:15.5

oligarchs have been sanctioned. We've got Igor Session, who's the head of Rosneft, and has been

1:20.6

described as the second most important man in Russia. And we've got Oleg Derepaska, founder of

1:25.7

Aluminium producer Rusal, which is now part of a UK district company EN+. Andrei Kostin, who's the

1:33.9

President and Chairman of VTB Bank, which was sanctioned, I think I should check, but I think it

1:39.7

was sanctioned in the last round. He's also being called the Jedi Master of Russian Banking, which I

1:45.0

like. Great title. Great title. I don't think it's his official title. Alexei Miller, who's a

1:50.1

CEO of Gazprom, we all know what Gazprom is, Nikolai Tukarev, President of Transneft, which is a

1:56.4

kind of oil pipeline company, and Dimitri Labudev, who's the Chairman of Bank Russia and a general

2:02.4

financier guy. Right, okay. So what does this mean? Because I think I remember back in the day,

...

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