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Finally: Western Sanctions Against Cypriot Professionals Resulted in 10,000 Frozen Bank Accounts!
On April 12 and 13, the US and the UK included 13 Cypriot lawyers and accountants in their sanctions lists for facilitating Russian oligarchs. The measures are aimed to dismantle the financial networks of Roman Abramovich and Alisher Usmanov. 10,000 bank accounts and other assets belonging to their alleged “financial fixers” were frozen. The sanctions also signal (finally) that the Western allies will no longer look the other way when Cyprus breaks the sanction game's rules.