Russia's President Vladimir Putin talks to reporters during a meeting in Brasilia July 16, 2014
Russia's President Vladimir Putin talks to reporters during a meeting in Brasilia July 16, 2014. Putin warned on Wednesday that U.S. sanctions will take relations with Russia to a "dead end" and damage U.S. business interests in his country. Picture taken July 16, 2014. Reuters

Sergei Pugachev, better known as "Putin's banker," has been placed under Interpol's wanted list. Pugachev reportedly siphoned money from the bank and used it for personal gain. Russia, on other hand, resumes rebel support in Ukraine sending more people as tension rises.

Sergei Pugachev was once close to Vladimir Putin. He went by the name "Putin's banker. However, he is now an exiled Russian oligarch who belongs under Interpol's wanted list following a rife with previous associates. Forbes magazine estimates the official's wealth to be around $2bn (£1.3bn) during its peak. However, he left Russia after claiming hostile takeover in his businesses according The Guardian.

Prior to his financial mishap, Pugachev has been shown in a number of interviews to be critical of the Russian political system as well as President Vladimir Putin. At the moment, reports put him in London. The Guardian reveals that in July, London court froze Pugachev's assets due to his falling out with a Russian liquidator. His spending limit was set at £10,000 a week.

Additional accusations now point at the official siphoning money to fund his personal interests. Pugachev maintains his innocence amidst the allegations. Financial Times quoted him in October: "Today in Russia there is no private property. There are only serfs who belong to Putin."

Pugachev is not the only Russian personality to be under scrutiny. His previous associate, Putin remains under watchful eyes following his decisions over the situation in Ukraine. Despite receiving sanctions, Russia is reportedly deploying more aid to rebels in Ukraine. Bloomberg reveals that over 100 vehicles have been sent under what the country claims as humanitarian assistance. However, authorities in Kiev think otherwise saying the convoy is in favor of the separatists.

The convoy is the eighth mission under Russia since August. Putin's administration maintains that they are acting to address humanitarian suffering. Ukraine says otherwise calling the dispatches as a form of invasion taking a toll on the civilians.

The UN Office for the Coordination of Humanitarian Affairs published a statement on its website: "An escalation of military activities has aggravated the security situation in the region, and led to increased uncertainty and fear among the population.".