Monday, April 9, 2018

Meet The Seven Russian Billionaires Sanctioned By The U.S. Treasury

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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