Canada sanctions Russian billionaire Roman Abramovich (updated)

Evraz

11/03/2022 12:52

(Adds confirmation from Trudeau news conference)
    March 11 (Reuters) - Canada imposed sanctions on five
Russian individuals including billionaire Roman Abramovich and
is barring 32 Russian companies and government entities from
receiving defense equipment or supplies from Canada, Prime
Minister Justin Trudeau said in Warsaw on Friday.
    "These individuals will be prevented from dealings in Canada
and their assets will be frozen," Trudeau told reporters.
    On Monday, Canada slapped sanctions on 10 individuals close
to the Russian leadership over Moscow's invasion of Ukraine.
    Trudeau said he would not rule out an airlift to help
Ukrainians who have fled the country since Russia invaded on
Feb. 24. He said his government was looking at all options and
planned to do more to help.
    Canada and its allies will remain united in their conviction
that Russian President "Vladimir Putin has made a terrible
mistake and will end up losing, despite how many bombs he can
drop on hospitals, or perhaps even because of it. There is no
win in this for him," Trudeau said.
    Moscow denies it has been targeting civilians in what it
calls a "special operation" to disarm and "de-Nazify" Ukraine.
 urn:newsml:reuters.com:*:nL2N2VE06S
     Abramovich is the largest shareholder in Russian steelmaker
Evraz. Trudeau said the move won’t affect the Canadian
operations of Evraz North America, according to the Globe and
Mail.

 (Reporting by Doina Chiacu in Washington and Shivam Patel in
Bengaluru; Editing by Toby Chopra and Hugh Lawson)
 ((Shivam.Patel@thomsonreuters.com;))