Andrey Kostin Sanctions: What Are The UK Sanctions Against Andrey Kostin?

Russian Oligarch, Andrey Kostin, Is being sanctioned for supporting Putin’s vicious assault on Ukraine and for having business empires, wealth and connections closely associated with the Kremlin.

Kostin, Is one of the Russian Oligarch amongst the list of wealthy Russian moguls sanctioned by the U.K today.

Kostin, was born on September 21, 1956. He is married, has children and grandchildren.

Kostin is the Chairman of VTB Bank, one of the leading banks in Russia and one of the world’s largest companies.

The bank is stocklisted since 2007, but the State of Russia is the largest shareholder, owning 60%.

It is active in other countries with VTB Bank (Austria) AG, VTB Bank (Deutschland) AG, and VTB Bank (France) SA.

VTB is the title sponsor of the Russian Formula 1 Grand Prix in Sochi, which is named Formula 1 VTB Russian Grand Prix. Kostin is President and Chairman of VTB Bank Management Board.

Kostin lives in Moscow and is the owner of the yacht Sea Rhapsody.

He owns two private jets – Bombardier Global 5000 with registration M-SKSM, and a Bombardier Global Express with registration T7-SSM.