U.S. Announces ‘full blocking’ Sanctions on Russian ‘oligarchs’

America announced sanctions against Russian oligarchs as it aimed at Russian elites and others in Mr. Vladimir Putin’s inner circle.

U.S. Announces ‘full blocking’ Sanctions on Russian 'oligarchs'

On March 3, the United States of America announced sanctions against Russian oligarchs as it aimed at Russian elites and others in Mr. Vladimir Putin’s inner circle, further increasing the financial burden over the Kremlin’s incursion of East European country of Ukraine.

The White House announced ‘full blocking sanctions’ on 8 business oligarchs and other Putin Officials, including Alisher Burkhanovich Usmanov, an Uzbek-born Russian business-magnate and oligarch, aiming at people who have accumulated wealth and political clout through their networks to the Russian President. Jen Psaki, the White House spokeswoman, told the media on March 3 that they want the Russian leader to feel the pressure; they want the people around him to feel the pressure.

The news consequences are the newest in a sequence imposed by the U.S., including against the Bank of Russia and Vladimir Putin, after the Armed Forces of Russia invaded its neighbor Ukraine in the massive assault on the post-Soviet state since the Second World War. The Kremlin calls unjustified Russia’s incursion a “special military operation.”

The United States announced on the founder of Russia’s Metalloinvest Management Company, Alisher Usmanov, whom the U.S. described as one of Putin’s closest allies. The latest sanctions block his assets from use in America and by American persons, including his superyacht ‘Dilbar,’ which the White House stated Germany seized. Moreover, the sanctions also blocked Usmanov’s Airbus A340-300 private airplane from use.

‘war of choice’

The U.S. Department of Treasury took the infrequent step of including in what are generally textual news exposes a pair of images of Usmanov’s private plane and luxury yacht. Dmitry Peskov, the Kremlin spokesman, whom the White House accused of being a top spreader of Moscow’s propaganda.

Furthermore, the United States also designated the president of the Russian pipeline firm Transneft, Nikolay Tokarev, along with his wife and daughter and his two real estate firms. Billionaire brothers Arkady Rotenberg and Boris Rotenberg and some members of his family were also hit with the latest sanctions, as was a Russian politician Igor Ivanovich Shuvalov, who also served as Deputy Prime Minister in Putin’s Second Cabinet.

In addition, formerly targeted for supposed efforts to interfere in American elections, the U.S. again designated Yevgeniy Prigozhin, a Russian businessman with close ties to Putin. The Treasury Department pronounced him as the financier of IRA (Internet Research Agency) and stated his impact tool is purportedly supporting the Government of Russia designed influence operations within the post-Soviet country.

U.S. Announces ‘full blocking’ Sanctions on Russian 'oligarchs'
U.S. Announces ‘full blocking’ Sanctions on Russian ‘oligarchs’
Source: Web

According to Janet Yellen, the U.S. Treasury Secretary, the Department is steadfast to holding Russia’s super-rich to account for their provision of the Russian President’s “war of choice.”

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