Twenty-four of the country’s magnates have been slapped with economic restrictions since Putin’s invasion of Ukraine on February 24, making a total of 34.
Guriev, a former communist committee leader in Moscow, got his start at Mikhail Khodorkovsky’s investment company, Menatep in 1990. After Khodorkovsky was jailed in 2003, Guriev bought out his former boss’ stake in fertilizer manufacturer PhosAgro. His son, Andrei A. Guriev, is PhosAgro’s CEO and was sanctioned by the EU on March 9. Guriev was sanctioned himself by the U.K. on April 8, calling him a “known close associate” of Putin.
Referring to the meeting with Putin on February 24, he added: “To draw a parallel between attending a meeting through membership in a business council, just as dozens of businesspeople from both Russia and Europe have done in the past, and undermining or threatening a country is absurd and nonsensical. There is no justification whatsoever for placing him on the EU sanctions list.”
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