Sanctions Kai Paananen gave “material aid” to Putin’s neighbors and got US economic sanctions on his neck – This is the life that awaits the oligarchs after the Russian invasion

Businessman Kai Paananen (center) arrived at Helsinki-Vantaa Airport in June 2013 together with Gennadi Timtšenko (right) and Roman Rotenberg. All three are currently on the U.S. sanctions list.

In 2015, the life of businessman Kai Paananen was revolutionized when he was added to the U.S. sanctions list. The reason was a connection to Gennady Tymchenko, who is related to Vladimir Putin. HS found out what life is like under economic sanctions. It turned out that banking services are scarce and that Paananen’s apartment has a surprising influence as a tenant.


Tuomo Pietiläinen HS, Salla Vuorikoski HS

11:32 | Updated 16:47

Renew sanctions against Russia have been prepared and announced since the country launched a war against Ukraine. One of the means was again personal sanctions.

They had previously been directed by the president Vladimir Putin against related parties, since the conquest of Crimea in 2014.

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