Powerful Sergey Roldugin Crushed By Sanctions 2022

Sergey Roldugin [ Sergei Roldugin ] is a businessman with close ties to Vladimir Putin. He is part of Putin’s network financial scheme. He owns at least 5 offshore entities and he keeps his assets at Bank Rossiya (sanctioned by the Union), known in Moscow as “Putin’s wallet”. According to the investigation of the ICIJ, Mr Roldugin is responsible for “shuffling” at least 2 billion USD through banks and offshore companies as a part of Putin’s hidden financial network.

He also took part in “Troika Laundromat”, and he funneled billions of USD through the system. Moreover, he received more than 69 million USD through companies within the “Troika Laundromat”. He is therefore responsible for actively supporting, materially or financially, Russian decision-makers responsible for the annexation of Crimea and the destabilisation of Ukraine.

Sergey Roldugin [ Sergei Roldugin ] been sanctioned by US, UK, European Union, Japan, Ukraine, Canada, Japan, New Zealand and Australia.

Sergey Roldugin [ Sergei Roldugin ] Sanctioned by US

The United States on June 2, 2022 , expanded sanctions aimed at punishing Russia for its invasion of Ukraine, with targets including prominent Russian government officials and business leaders with close ties to President Vladimir Putin.

Sergei Pavlovich Roldugin (Roldugin) is a close friend and part of a system that manages President Putin’s offshore wealth. The two have known each other for over four decades, and Roldugin is the godfather to one of Putin’s daughters. Roldugin is a cellist, conductor, and the artistic director of the St. Petersburg Music House, a state-owned cultural institution in Russia. Elena Yuryevna Mirtova (Mirtova), Roldugin’s wife, is a soprano opera singer and actress who has performed alongside her husband. Roldugin was previously designated by the European Union, United Kingdom, Australia, and New Zealand.

Roldugin was designated pursuant to E.O. 14024 for being or having been a leader, official, senior executive officer, or member of the board of directors of the GoR. Mirtova was designated pursuant to E.O. 14024 for being a spouse or adult child of Roldugin.

EU Sanctions Imposed on Sergey Roldugin

On 28 February 2022, Sergei Pavlovich Roldugin was added to the list of natural and legal persons, entities and bodies set out in Annex I to Regulation (EU) No 269/2014 , concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.

The reasons for sanctions was mentioned as :

“Sergey Roldugin is a businessman with close ties to Vladimir Putin. He is part of Putin’s network financial
scheme. He owns at least 5 offshore entities and he keeps his assets at Bank Rossiya (sanctioned by the
Union), known in Moscow as “Putin’s wallet”.
According to the investigation of the ICIJ, Sergey Roldugin is responsible for “shuffling” at least 2 billion USD through banks and offshore companies as a part of Putin’s hidden financial network. He also took part in “Troika Laundromat”, and he funneled billions of USD through the system. Moreover, he received more than 69 million USD through companies within the “Troika Laundromat”.
He is therefore responsible for actively supporting, materially or financially, Russian decision-makers
responsible for the annexation of Crimea and the destabilisation of Ukraine. “

UK Sanctions Imposed on Sergey Roldugin

The updated UK sanctions list released on 21 March 2023 ,still has the name of Sergey Roldugin in it. The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) were made under the Sanctions and Anti-Money Laundering Act 2018 (the Sanctions Act) and impose various financial sanctions including the freezing of funds and economic resources and further restrictions on persons (both individuals and entities) who have been designated for their involvement in destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine, or obtaining a benefit from or supporting the Government of Russia.

FAQs on Sergey Roldugin:

Who is Sergey Roldugin?

Roldugin is a Russian cellist and businessman. He is a close friend of Vladimir Putin, and has been implicated in several money laundering and offshore wealth schemes for Russian elites. In 2014, the Panama Papers revealed that Roldugin was the beneficiary of several shell companies that had been used to move billions of dollars out of Russia. As a result of these revelations, Roldugin was sanctioned by the United States and the European Union.

What is Sergey Roldugin’s net worth?

According to the Panama Papers, Roldugin’s net worth is estimated to be $2 billion. However, it is likely that his actual net worth is much higher, as the Panama Papers only revealed a small fraction of his wealth.

What are Sergey Roldugin’s business interests?

In addition to his career as a cellist, Sergey is also a businessman. He is the owner of several companies, including a construction company, a media company, and an investment company. Roldugin is also a shareholder in a number of other businesses, including Gazprom, the largest natural gas company in the world.

What are Sergey Roldugin’s ties to Vladimir Putin?

Sergey Roldugin is a close friend of Vladimir Putin. The two met in the early 1990s, and have been friends ever since. Putin has described Roldugin as his “spiritual mentor” and “one of the most talented people I know.”

What are the allegations against Sergey Roldugin?

Sergey Roldugin has been implicated in several money laundering and offshore wealth schemes for Russian elites. In 2014, the Panama Papers revealed that Roldugin was the beneficiary of several shell companies that had been used to move billions of dollars out of Russia. As a result of these revelations, Roldugin was sanctioned by the United States and the European Union.

Has Sergey Roldugin ever been convicted of a crime?

No, Sergey Roldugin has never been convicted of a crime. However, he is currently under investigation by Swiss prosecutors for money laundering.