US sanctions Russian officials, oligarchs, Putin’s megayachts | Russia-Ukraine war News


Amongst these focused can be an oligarch who heads a serious metal producer, the US Treasury Division mentioned on Thursday.

The US additional expanded sanctions aimed toward punishing Russia for its invasion of Ukraine, with targets together with distinguished Russian authorities officers and enterprise leaders with shut ties to President Vladimir Putin.

Amongst these designated is an oligarch who heads a serious metal producer, a yacht administration firm, the spokeswoman for the nation’s overseas ministry and a cellist the US Division of the Treasury says acts as a intermediary for the Russian chief.

The US will proceed “to impose extreme prices” on Russia, US Secretary of State Antony Blinken mentioned Thursday in a press release.

The US state, commerce and treasury departments every issued their very own new restrictions, within the newest strikes to crack down on these supporting Russia, together with extra limits on the export of US know-how that might assist the Russian navy.

The US and different Western international locations have imposed unprecedented sanctions on Russia since its February 24 invasion of Ukraine. Putin claims the invasion is “a particular navy operation” to disarm and “denazify” Ukraine. Ukraine and its allies say Putin’s declare is a blatant pretext for a warfare of aggression.

“Immediately’s motion demonstrates that Treasury can and can go after these liable for shielding and sustaining these ill-gotten pursuits,” Beneath Secretary of the Treasury for Terrorism and Monetary Intelligence Brian Nelson mentioned in a press release.

“We’ll proceed to implement our sanctions and expose the corrupt techniques by which President Putin and his elites enrich themselves,” Nelson added.

The Treasury’s Workplace of International Property Management (OFAC) added 4 megayachts to those already sanctioned, together with the Russian-flagged Swish and the Cayman Islands-flagged Olympia.

The Russian president has taken quite a few journeys on the yachts, together with one within the Black Sea with Belarusian President Alexander Lukashenko final 12 months, the Treasury Division mentioned.

Imperial Yachts, a brokerage primarily based in Monaco that enables superyacht house owners – together with Russian oligarchs – to constitution their boats when they don’t seem to be utilizing them, was additionally designated.

“When not in use by their house owners, superyachts will be supplied for constitution via companies corresponding to Imperial Yachts, producing revenue for the house owners, who’re in some instances Russia’s oligarchs,” Treasury mentioned.

It additionally sanctioned an aviation firm it mentioned is concerned in a scheme to switch plane to an offshore firm to keep away from sanctions.

The US added Sergei Roldugin, a cellist and conductor already below European Union sanctions for his hyperlinks to Putin, to its listing of sanctioned people. The order freezes Roldugin’s US property and bars People from doing enterprise with him.

The State Division designated “God Nisanov, one of many richest males in Europe” and likewise Evgeny Novitskiy – each shut associates of Russian officers.

It additionally focused Maria Zakharova, spokesperson for the Russian International Ministry, and Alexey Mordashov, considered one of Russia’s wealthiest billionaires, and his members of the family and firms, together with considered one of Russia’s main home metal producers.

In the meantime, the US Division of Commerce added 71 events situated in Russia and Belarus to its entity listing, successfully reducing off their entry to very important applied sciences, a White Home reality sheet mentioned.

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