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[CYPRUS TIMES] Britain sanctions wrong Russian bank

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The Forrester Office did not respond to a request for comment on the mix-up

The British government has confused the address of Russia's central bank with that of a private bank with close ties to Russian President Vladimir Putin, when Prime Minister Boris Johnson announced sanctions against Moscow.

Johnson imposed freezes on five private banks, including Bank Rossiya. London claims it is "owned by Russian billionaires" who have "direct links" to Vladimir Putin. But the sanctions list does not include, at least for now, the Central Bank of Russia.

By mistake, the British government reported that the sanctions are on Bank Rossiya located at "12 Neglinaya Street, Moscow, 107016, Russia." Only this is the address of the Central Bank, which is also called Bank Rossiya.

According to APE-MPA, the privately owned Bank Rossiya is located in St. Petersburg, while the Central Bank of Russia (and the former USSR) has been housed on Neglinaya Street for at least a century.

There is no indication that the sanctions concern the Central Bank of Russia. Forreyn Ophis did not respond to a request to comment on this confusion

Source: APM, Reuters



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