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KYIV, June 18 (Reuters) – Ukraine’s protection and defence council on Friday claimed it was imposing sanctions on the tycoon Dmytro Firtash for promoting titanium products and solutions that allegedly end up remaining utilised by Russian armed service enterprises.
The secretary of the council Oleksiy Danilov stated the actual mother nature of the sanctions would be declared individually in a presidential decree.
A spokesman for Firtash was not right away available for remark. The council also declared sanctions from businessman Pavel Fuks, who did not instantly respond to a ask for for remark.
Firtash rose to turn out to be a rich and influential businessman in Ukraine but has been indicted in the United States on bribery and racketeering expenses. He denies wrongdoing and has fought extradition from Vienna.
Relations involving Ukraine and Russia collapsed after Russia’s annexation of the Crimea peninsula in 2014 and guidance for separatist forces in the japanese Donbass location in a conflict that Kyiv says has killed 14,000 individuals.
Firtash was getting sanctioned for “his involvement in the titanium enterprise. There is a supply of raw materials and then … it goes to the military enterprises of the Russian Federation and we can’t permit this to carry on,” Danilov reported.
The output of titanium solutions is a main company in Firtash’s Group DF and it features titanium mining and enrichment, the generation of titanium dioxide, titanium slag, sponge ingots and slabs. Austria’s Supreme Court ruled in June 2019 that Firtash could be extradited to the United States but he continues to be in the country as his lawyers have submitted a request for a retrial that has not still been ruled on.
A closing decision to extradite Firtash can only be taken by the justice minister after the case has run its course. (Reporting by Pavel Polityuk in Kyiv more reporting by Ilya Zhegulev in Kyiv and Francois Murphy in Vienna producing by Matthias Williams Modifying by Catherine Evans and Raissa Kasolowsky)