Great Britain lifted sanctions against a billionaire who renounced Russian citizenship
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Great Britain excluded billionaire Igor Makarov from the sanctions list. The founder of the Russian gas company “Itera” fell under restrictions in 2022.
In a message on the website of the British government, it is noted that Makarov’s current company “Arety” no longer works in the Russian energy sector. No other details of the decision are given.
In 2022, the British government declared that the billionaire supports or receives significant benefits from the Russian government and operates in a sphere of strategic importance for Moscow. Along with him, the developers God Nisanov and Zarakh Iliev, and the founder of the Ural mining and metallurgical company Iskandar Mahmudov were sanctioned.
The following year, the businessman renounced his Russian citizenship. Now he is a citizen of Cyprus. On the website of the British government, he is listed as a native of Turkmenistan.
- Forbes magazine estimates Makarov’s fortune at $2.2 billion.
- Makarov is a former member of the Soviet cycling team. He is a member of the executive committee of the International Union of Cyclists.
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