Russian Central Banker Nabiullina Gets Hit With Sanctions

[Rogue Valley]

Russian Central Banker Nabiullina Gets Hit With Sanctions

4.19.22
Canada sanctioned Russian central bank Governor Elvira Nabiullina and 13 other “close associates of the Russian regime” in a fresh round of penalties related to the war in Ukraine. It marks one of the first instances where Nabiullina has shown up on a country’s sanctions list since Russia’s invasion of its neighbor in February. Australia previously sanctioned her and the central bank itself has been sanctioned. Nabiullina had sought to resign after Russian President Vladimir Putin ordered the invasion, only to be told by the president to stay, Bloomberg reported last month. Putin’s daughters, Katerina Tikhonova and Maria Vorontsova, are also on the expanded list of Canadian sanctions. The measures were announced in a news release Tuesday and appear on the Canadian government’s website of sanctions related to the invasion.

Ms. Nabiulina is a critical component in Russia's efforts to protect is economy and currency from crippling Western sanctions.