On Friday morning the U.S. Department of
Treasury announced new sanctions against 17 senior Russian government
officials, 7 Russian billionaires and the 12 companies the oligarchs own
or control.
“The Russian government engages in a range of malign activity around
the globe, including continuing to occupy Crimea and instigate violence
in eastern Ukraine, supplying the Assad regime with material and
weaponry as they bomb their own civilians, attempting to subvert Western
democracies, and malicious cyber activities,” said Treasury Secretary
Steven Mnuchin. “Russian oligarchs and elites who profit from this
corrupt system will no longer be insulated from the consequences of
their government’s destabilizing activities.”The Treasury Department consulted with the State Department before issuing the sanctions.
Among the sanctioned billionaires is aluminum tycoon Oleg Deripaska (net worth: $5.3 billion), founder of Russian industrial group Basic Element, which has investments in over 100 companies. He is a reported person of interest in the Russian election-hacking investigation under special counsel Robert S. Mueller III due to Deripaska's business ties with former Trump campaign manager Paul Manafort.
https://www.forbes.com/sites/angelauyeung/2018/04/06/u-s-treasury-department-announces-new-sanctions-against-7-russian-billionaires/#50adb6483752
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