- Programme
- Situation in Ukraine
- Designated
- Not published by this authority
- Legal basis
- Ordinance of 4 March 2022 on measures related to the situation in Ukraine (RS 946.231.176.72), Art. 15 para. 1 and 4 (Financial sanctions) and art. 29 para. 1 (Travel ban), annexe 8
- Stated grounds
- Etibar Eyyub founded and runs a network of companies including Coral Energy (later 2Rivers Group). Through this network of companies, he enables shipments and exports of Russian oil, notably from the Russian state owned oil-company Rosneft, by concealing the actual origin of the oil. In particular, the 2Rivers network controls and utilises a large proportion of the vessels in Russia’s so-called “shadow fleet”. He is also involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.
- Source
- Switzerland SECO Sanctions List
- Last confirmed
- 19 Oct 2026