Fisheries

Owner of Russian Fishery Company, Russian Crab Group sells out on same day US treasury department applies sanctions

The primary owner and chairman of one of Russia’s largest whitefish companies was included on an updated US sanctions list last week, the same day he sold his majority stake in the company.

Gleb Frank (right) resigned as chairman of the board of directors of Russian Crab and RFC on March 17. He is pictured here with Alexander Vedyakhin, the first deputy chairman of the executive board of Sberbank.
Gleb Frank (right) resigned as chairman of the board of directors of Russian Crab and RFC on March 17. He is pictured here with Alexander Vedyakhin, the first deputy chairman of the executive board of Sberbank.Photo: Russian Fishery Company
Gleb FrankRussiaRussian Fishery CompanyUkraine crisisUkraine
Published 25 March 2022, 15:07Updated 21 June 2022, 14:23