The Treasury Department is targeting yachts, aircrafts, the firms that manage them, Kremlin officials and businessmen linked to Russian President Vladimir Putin in a new round of sanctions.
The U.S. announced new sanctions Thursday on Russian oligarchs and elites, including some of the richest men in Europe and their families, as well as penalties targeting more Kremlin officials, businessmen linked to President Vladimir Putin and their yachts, aircraft and firms that manage them. The latest U.S. penalties imposed over Russia’s invasion of Ukraine also include Sergei Roldugin, considered a custodian of Putin’s offshore wealth. Also included in the announcement by the departments of Treasury, State and Commerce are sanctions on God Nisanov, one of the richest men in Europe, and Alexey Mordashov, one of Russia’s wealthiest billionaires, along with his wife and two adult children. The actions are part of President Joe Biden’s promise, after the in February, to pursue Russian elites’ “ill-gotten gains.”
“Russia’s elites, up to and including President Putin, rely on complex support networks to hide, move, and maintain their “, Brian Nelson, undersecretary of the Treasury for terrorism and financial Intelligence, said in a statement.
