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

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

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

Amongst these designated is an oligarch who heads a significant 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 stated 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 expertise that would 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 battle of aggression.

“As we speak’s motion demonstrates that Treasury can and can go after these chargeable for shielding and sustaining these ill-gotten pursuits,” Below Secretary of the Treasury for Terrorism and Monetary Intelligence Brian Nelson stated in a press release.

“We are going to proceed to implement our sanctions and expose the corrupt programs 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 yr, the Treasury Division stated.

Imperial Yachts, a brokerage based mostly in Monaco that permits superyacht house owners – together with Russian oligarchs – to constitution their boats when they aren’t utilizing them, was additionally designated.

“When not in use by their house owners, superyachts might be supplied for constitution by means of companies similar to Imperial Yachts, producing earnings for the house owners, who’re in some instances Russia’s oligarchs,” Treasury stated.

It additionally sanctioned an aviation firm it stated 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 underneath European Union sanctions for his hyperlinks to Putin, to its checklist of sanctioned people. The order freezes Roldugin’s US property and bars Individuals from doing enterprise with him.

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

It additionally focused Maria Zakharova, spokesperson for the Russian International Ministry, and Alexey Mordashov, one in every of Russia’s wealthiest billionaires, and his members of the family and firms, together with one in every 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 checklist, successfully chopping off their entry to important applied sciences, a White Home truth sheet stated.