Israel’s Yad Vashem announced on Thursday that it was cutting ties with its second-largest private donor, Roman Abramovich. The notice came shortly after the Russian billionaire was named as one of seven oligarchs being targeted for sanctions by the United Kingdom.

British Foreign Secretary Liz Truss on Thursday announced a full asset freeze and travel ban on the seven individuals, whose business dealings and wealth are “closely associated” with the Kremlin. The sanctions are part of an effort to isolate Russian President Vladimir Putin and those close to him, according to a statement by the U.K. government.

“In light of recent developments, Yad Vashem has decided to suspend the strategic partnership with Mr. Roman Abramovich,” Yad Vashem said in a statement.

Just last month, Abramovich pledged $10 million to the museum, making him the second-largest donor to the Holocaust museum after Miriam and Sheldon Adelson.

The other six individuals being targeted by the sanctions are industrialist Oleg Deripaska; Rosneft chief executive Igor Sechin; VTB Bank chairman Andrey Kostin; Gazprom CEO Alexei Miller; Transneft president Nikolai Tokarev; and Dmitri Lebedev, chairman of the board of directors of Bank Rossiya.

“There can be no safe havens for those who have supported Putin’s vicious assault on Ukraine,” said British Prime Minister Boris Johnson, according to the government statement. “Today’s sanctions are the latest step in the U.K.’s unwavering support for the Ukrainian people. We will be ruthless in pursuing those who enable the killing of civilians, destruction of hospitals and illegal occupation of sovereign allies.”

JNS

Support
Jewish News Syndicate


With geographic, political and social divides growing wider, high-quality reporting and informed analysis are more important than ever to keep people connected.

Our ability to cover the most important issues in Israel and throughout the Jewish world—without the standard media bias—depends on the support of committed readers.

If you appreciate the value of our news service and recognize how JNS stands out among the competition, please click on the link and make a one-time or monthly contribution.

We appreciate your support.