© Reuters. FILE PHOTO: Sanctioned Russian oligarch Roman Abramovich stands in a VIP lounge before a jet linked to him took off for Istanbul from Ben Gurion international airport in Lod near Tel Aviv, Israel, March 14, 2022. REUTERS/Stringer
LISBON (Reuters) – Portugal will implement restrictive measures against Russian oligarchs agreed at European Union level even if those sanctioned by the bloc are Portuguese citizens, foreign minister Augusto Santos Silva said on Tuesday.
Russian billionaire Roman Abramovich was granted Portuguese citizenship in April 2021 based on a law offering naturalisation to descendants of Sephardic Jews who were expelled from the Iberian peninsula during the mediaeval Inquisition.
Abramovich is among several Russian billionaires expected to be added to an EU blacklist on Tuesday. He became a target of British sanctions last week.
“These sanctions are supported by Portuguese authorities and (will be) scrupulously enforced,” Santos Silva told parliament. “This has been happening whether those sanctioned had applied for investment residence permits or if they are Portuguese citizens.”
Portugal backs EU sanctions against Russian oligarchs even if citizens
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.