Russian oligarchs face new US sanctions

Russian oligarchs face new US sanctions
Roman Abramovich

The sanction list will cover new businessmen.

The US Department of Treasury intends to expand the list of Russian oligarchs on whom sanctions will be imposed. The penalties will be introduced before Christmas, the political Telegram channel Nezygar pens.

Roman Abramovich (Evraz), Alisher Usmanov (USM Holdings), Vladimir Yevtushenkov (MTS, Sistema), Vladimir Potanin (Norilsk Nickel, Interros), Alexei Mordashov (Severstal), Vladimir Lisin (NLMK and Universal Cargo Logistics) and Mikhail Prokhorov (Onexim) face new sanctions.

At the same time, a more rigid approach is to be applied.

"The US believes that new sanctions imposed before Christmas will inflict a strike to the Russian economy and cause mayhem into companies’ activities on the eve of the holidays," the report states.

Another US sanctions against the Russian Federation were introduced in August 2018 out of the attempt on Skripal in the UK. A ban was imposed on the export of goods and technologies related to national security.

Russian Deputy Foreign Minister Sergei Ryabkov reported that the United States had introduced more than 60 sanctions packages since 2011.



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