28 February 2022
Djanogly calls for sanctions on Russian oligarchs to extend to insurance of private yachts and jets

Following the Foreign Secretary’s update to Parliament on the UK’s efforts in support of Ukraine, Jonathan Djanogly welcomes sanctioning of Russian oligarchs’ private jets and calls for it to be extended to banning insurance for Russian yachts and jets which would have a worldwide application.

Mr Jonathan Djanogly (Huntingdon) (Con)

I realised that the Government really understood the nature of sanctioning oligarchs when the sanctions on Aeroflot were extended to private jets. In that vein, will my right hon. Friend consider banning insurance for Russian yachts and jets? It would have a worldwide application and make life a lot tougher for those concerned.

Elizabeth Truss (The Secretary of State for Foreign, Commonwealth and Development Affairs)

I thank my hon. Friend for his idea. Nothing is off the table.

Hansard