US actively collects data on foreign assets of Russian elite after Trump’s new law on sanctions against Russia
A new sanctions list will be drawn up based on an open report, which will provide information on Russian oligarchs and key political figures.
Russian special services hold an unprecedented activity of US financial intelligence in Europe and a number of other countries requesting data on Russians. This is due to the fact that at the beginning of next year a new sanction list will be announced, Rosbalt reports with reference to the source.
"We are talking about employees of state companies, officials, their close and distant relatives, etc. In total, about tens of thousands of Russians," the source said. Such activity is directly related to the law on sanctions against Russia, signed by US President Donald Trump on Aug. 4, 2017, proposed by US congressmen. It deals primarily with collecting data on key political figures and oligarchs.
As The CrimeRussia previously reported, the Ministry of Finance, in consultation with the Director of National Intelligence and the US Secretary of State, shoult provide an open report on the oligarchs and parastatal organizations of the Russian Federation to relevant congressional committees not later than 180 days after the adoption of the law. It should provide information on key political figures of Russia and the oligarchs, the level of their proximity to Vladimir Putin and other members of the Russian ruling elite, their fortune and sources of income; moreover, a list of their relatives, including spouses, children, parents, their assets, including investments, business interests, property that generates income should be concluded; foreign companies affiliated with these persons have been identified too."
In fact, by January 31, 2018, the Ministry of Finance should prepare a report on all significant politicians, businessmen and officials. The open document will reflect data on their assets, including foreign ones. In the future, the report will only be supplemented with new information and names. All these names will appear in the new sanctions list, which can number up to 50.000 Russian citizens.
According to experts who have already expressed their opinion on the new law, it is possible that later foreign accounts under the jurisdiction of countries that support sanctions against Russia can be frozen. Assets can be confiscated as property that is earned on criminal or illegal way. The Spanish authorities have the same experience, for example, Spain converts property of Russian mafia, accused of money laundering.
Please, read our material about the forthcoming report and how it threatens Russia.