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US and UK Anounce New Sanctions Targeting Russian Ultra-Wealthy


The new restrictions seek to limit Russia’s ability to evade sanctions imposed following its invasion of Ukraine.

The United States and United Kingdom have announced new sanctions on Wednesday aimed at Russian oligarchs Alisher Usmanov and Roman Abramovich, targeting the financial networks of two of Moscow’s wealthiest businessmen who are close allies of Russian President Vladimir Putin.

US officials said the new designations, which were coordinated with the British government, aimed to reinforce existing penalties and further disrupt Russia’s importation of critical technologies used in its war against Ukraine.

The Departments of State and Treasury announced sanctions on 120 entities and individuals, across more than 20 countries and jurisdictions, connected to Russia’s invasion of Ukraine. The UK named 14 individuals and entities.

Source : Aljazeera

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