UPDATE: Oligarchs Boris Rotenberg, Igor Rotenberg and Gennady Timchenko have been sanctioned by the U.K., along with five Russian banks, hours after President Vladimir Putin ordered troops into two regions of Ukraine after recognizing their independence. bit.ly/3oUP1dl
Oil magnate Gennady Timchenko is one of a number of prominent Russians with close ties to President Vladimir Putin whose offshore financial activities were exposed in the #PandoraPapers investigation last year. bit.ly/3HanF9A 
In 2016, the #PanamaPapers revealed offshore firms linked to billionaire brothers Arkady & Boris Rotenberg — childhood friends of Vladimir Putin —which invested in a major pipeline company and helped build an Italian villa for Arkady's son, Igor Rotenberg. bit.ly/3H4IwLq
ICIJ's 2020 #FinCENFiles investigation found that after the U.S. sanctioned the Rotenbergs in 2014 in response to Russia’s invasion of Crimea, the brothers transferred substantial assets to their sons who were later sanctioned, including Igor Rotenberg. projects.icij.org/investigations…
See our full story on the U.K.'s new sanctions, which may be part of more measures to target the country's status as a hub of Russian money that critics say are long overdue to place political pressure on the Kremlin. bit.ly/33FqvFM
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