Niels Oscar TROOST

Canada is imposing sanctions against 29 individuals, including Kremlin-linked billionaires and their family members, senior regional officials in Russia's Tatarstan region and their family members and business executives, who are involved in the confiscation and redistribution of property and assets of foreign companies in Russia as punishment for their criticism of its unjustified war against Ukraine. Canada is also sanctioning an individual who works closely with President Putin in disseminating the Kremlin's war propaganda message.

Programme CA-SEMAinternational.gc.cainternational.gc.ca

1, Part 1

Programme CA-SEMAReference 1548international.gc.cainternational.gc.ca

Director Disqualification Sanction, travel ban, trust services sanctions and asset freeze

Niels Oscar TROOST is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 based on the following ground: TROOST is or has been involved in obtaining a benefit from or supporting the Government of Russia by owning and/or controlling directly or indirectly PARAMOUNT ENERGY & COMMODITIES DMCC, which is an involved person in that it is or has been carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian energy sector.

Programme GB-RUSReference RUS2086Reference 16413Last updated 14 Apr 2025gov.ukgov.uk