Author: Azizur Rahman 25 March 2022
With Russia’s attack on Ukraine leading to sanctions being imposed on it, print media, TV and radio turned to Rahman Ravelli for insight.
The firm’s sanctions specialists were sought by the media to explain and give opinions on sanctions that were imposed on those with links to Vladimir Putin’s regime.
The invasion of Ukraine prompted The Times to seek Aziz’s assessment of the UK’s approach to sanctions. Law360 also sought his opinion on the London Stock Exchange’s suspension of trading in VTB Capital, the British subsidiary of Russia’s VTB Bank. Aziz also emphasised to The Times why companies that have connections with Russia need to be aware of all the sanctions that are in place. Aziz also wrote an article for Law360 about the UK’s moves, in the new Economic Crime (Transparency and Enforcement) Act, to boost the use of unexplained wealth orders.
Rahman Ravelli was asked to speak about what they thought of the UK’s approach to imposing sanctions on Russia. In a piece that was published by the global business news outlet Quartz, they detailed how wealthy Russians with links to Putin could use irrevocable trusts in an attempt to keep their assets out of the reach of sanctions.
The Financial Times sought Rahman Ravelli's analysis of the way the UK had set about imposing sanctions. Rahman Ravelli were also invited on to Talk Radio to explain the procedure for imposing and enforcing sanctions. Both ITV’s Good Morning Britain and BBC Radio 5 Live’s evening news show asked Rahman Ravelli to appear to answer questions about the effect of sanctions on Roman Abramovich, the Russian owner of Chelsea Football Club. Rahman Ravelli also talked to journalists on the BBC news website about this.
Rahman Ravelli Legal Director Niall Hearty wrote an article about the problems facing those with financial interests in Russia. His piece was published by LexisNexis East.
Aziz Rahman is Senior Partner at Rahman Ravelli and its founder. His ability to coordinate national, international and multi-agency defences has led to success in some of the most significant corporate crime cases of this century and top rankings in international legal guides. He is recognised worldwide as one of the most capable legal experts regarding top-level, high-value commercial and financial disputes.