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UK revises sanctions grounds for ALT Capital and two associates

Britain has revised the stated grounds for sanctions against Singapore-based ALT Capital and two associated individuals, adding financial support allegations and a Russian extractives link while retaining existing restrictions.

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LONDON, Nov. 10, 2026 — The Foreign, Commonwealth and Development Office amended the designations of ALT Capital Pte Ltd, Narmina Dadashova and Vladislav Gromov under Britain’s Russia sanctions regime.

All three remain subject to asset freezes, trust services sanctions and director disqualification, with travel bans also applying to the individuals. assets.publishing.service.gov.uk

Dadashova’s revised listing adds grounds to suspect she benefited from or supported Russia’s government through managing Mechel Carbon Pte Ltd, which the notice identifies as operating in Russia’s strategically significant extractives sector. Her existing grounds concern her ownership or management of ALT Capital. For ALT Capital and Gromov, the revised reasons add funds and economic resources to the goods or technology the company is suspected of making available in ways that could destabilize Ukraine. Gromov’s designation concerns his management of ALT Capital. The notice also adds identification details for both individuals. assets.publishing.service.gov.uk

All three were first sanctioned Oct. 15, 2025, when Britain identified them among individuals and businesses supporting Russia’s defense sector or supplying equipment critical to it.

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