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PAOK FC owner Ivan Savvidis among 2,500 businessmen sanctioned by Ukraine

They are accused of close ties with Vladimir Putin

Newsroom October 24 11:58

The owner of Greek football club PAOK FC Ivan Savvidis is among the 2,500 Russian businessmen and bankers accused of having connections with President Vladimir Putin.

Ivan Savidis, is a Greek-Russian businessman and his relations with Russian President Vladimir Putin have been the focus of the international press many times.

The Ukrainian media are talking about President Zelensky’s decision to implement the National Security and Defence Council’s recommendation for sanctions against the Russian president’s inner circle.

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The decision to sanction businessmen, military, and government officials, as well as their families, came from the country’s National Security and Defense Council (NSDC).

The sanctions are valid for five to ten years. Persons subject to them will see all their assets in Ukraine blocked. They will also be restricted from any business operations, transit through the country, and flights to and from Ukraine.

The action also implies the suspension of all economic and financial obligations, as well as licenses and permits.

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