The US prepares expanded sanctions against the Russian elite and their families

The US prepares expanded sanctions against the Russian elite and their families

The United States is preparing to expand sanctions on Russian oligarchs, their businesses and family members over Vladimir Putin’s invasion of Ukraine, The Washington Post reported, citing three people familiar with the measures.

The White House and the Treasury Department are preparing a list of people that will overlap with some of those sanctioned by the European Union (EU) on Monday, including Alisher Usmanov, the owner of a steel conglomerate, the Post reported, citing deliberations. internal.

Sanctions under consideration may include travel restrictions and the seizure of assets abroad that could run into billions of dollars, the newspaper reported.

The US measures would not only target individuals, but also the businesses they own and their family members, a White House official told the Post on condition of anonymity.

In his State of the Union address on Tuesday night, US President Joe Biden said the United States would work to seize the yachts, luxury apartments and private planes of wealthy Russians with links to Putin. “Let’s go for your ill-gotten gainsBiden said.

The EU on Monday imposed sanctions on 26 recognized individuals due to Russia’s invasion of Ukraine on February 24, which Moscow calls “special operation”, including oligarchs and businessmen active in the oil, banking and finance sectors.

It also targeted members of the government, high-ranking military and “propagandists who helped spread anti-Ukrainian propaganda,” the EU said in a statement.

Source: Gestion

You may also like

Immediate Access Pro