Gleb Frank on Thursday sold his controlling stakes in Russian Fishery Company (RFC) and Russian Crab Group, the same day his name was added to an updated US sanctions list of Russian businesspeople and government officials.

Frank was included on the US Department of the Treasury's Office of Foreign Assets Control's updated sanctions list, which has steadily added fresh names of Russian oligarchs, businesspeople and government officials.

Frank sold his controlling stake of 70.09 percent in RFC, his 70.1