Born in Akmolinsk, Kazakh SSR, Soviet Union, on March 9, 1958, Mikhail Gutseriev is a Russian billionaire businessman of Ingush heritage. Gutseriev became wealthy following the fall of the Soviet Union.
One of the biggest oil companies in Russia, Russneft, was once owned by him. He has consistently participated in Forbes’ annual ranking of the 200 richest Russians since 2002; as of 2023, he holds the 34th-place position with $3.5 billion. In 2007, he left Russia after being accused of tax evasion. He returned to Russia in 2010 when the charges were dropped.
List of the Countries who imposed Sanction on Mikhail Gutseriev
|Year of Sanction
Sanctions Imposed on Gutseriev for his alleged involvement in human rights abuses in Chechnya
International sanctions have been imposed in response to the alleged involvement of Russian businessman Mikhail Gutseriev in human rights abuses in Chechnya, demonstrating a global commitment to address and deter such egregious violations. Known for his large-scale business endeavors, Gutseriev has come under increased scrutiny due to his alleged involvement in violations of human rights, especially in the unstable region of Chechnya.
Several countries and international organizations have imposed these sanctions in an effort to make Gutseriev answerable for his alleged part in encouraging or permitting violations of human rights. The measures can include asset freezes, travel bans, and other harsh measures intended to force responsibility and deter future engagement in similar activities.
The coordinated response of the international community highlights the seriousness of the accusations and the dedication to maintaining human rights norms. In addition to having an impact on the economy, these sanctions are meant to make it very evident that behavior that goes against basic human rights principles is unacceptable.
Sanctions are also a reflection of the worldwide agreement that any person or organization involved in violations of human rights should be held accountable, regardless of their position or power. The circumstance emphasizes the value of international collaboration in addressing and preventing violations of human rights, promoting a shared commitment to justice and accountability on a worldwide scale.
Reason for Imposing Sanctions
The principal founder of LLC RU FM (99%), Mikhail Gutseriev, has emerged as a key player in the Russian media scene. Gutseriev’s media empire, which holds a major broadcasting license from Roskomnadzor, contributes to the Kremlin’s information strategy. Concerns concerning media plurality and impartial reporting are raised by the licensing exclusivity for networks connected to Putin.
Notably, these outlets are charged with spreading narratives driven by Kremlin propaganda that defend Russian military actions and, most notably, the horrific loss of civilian life in Ukraine. Concerns are raised about how these endorsements may affect the stability, security, and territorial integrity of Ukraine. The intricate relationship between business, media, and state interests in the modern Russian landscape is highlighted by the way media influence is intertwined with geopolitical concerns.
- Mikhail Gutseriev, a Russian billionaire businessman, is known for his large-scale business ventures and alleged human rights abuses in Chechnya.
- He has consistently been ranked 34th in Forbes’ annual ranking of the 200 richest Russians since 2002.
- Gutseriev left Russia in 2007 after being accused of tax evasion, but returned in 2010 after the charges were dropped.
- International sanctions have been imposed on Gutseriev to make him accountable for his alleged human rights violations.
- Measures include asset freezes, travel bans, and other harsh measures to force responsibility and deter future engagement.
- The sanctions reflect the global agreement that any person or organization involved in human rights violations should be held accountable, regardless of their position or power.
- Gutseriev is the founder of LLC RU FM (99%), a media company that endorses acts and policies that jeopardize Ukraine’s stability, security, independence, sovereignty, and territorial integrity.