US hits Putin press secretary, more oligarchs with sanctions

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US hits Putin press secretary, more oligarchs with sanctions
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US hits Putin press secretary, more oligarchs with sanctions.

“These individuals and their family members will be cut off from the U.S. financial system; their assets in the United States will be frozen and their property will be blocked from use,” the White House said in a statement announcing the new penalties.The property of Usmanov and the others will be blocked from use in the United States and by Americans. His assets include his superyacht, one of the world’s largest, that was just seized by Germany.

Others targeted on Thursday include oligarchs Nikolai Tokarev, Arkady Rotenberg, Sergei Chemezov, Igor Shuvalov and Yevgeniy Prigozhin as well as members of their families. Deputy U.S. Treasury Secretary Wally Adeyemo said Thursday that the Biden administration would continue to target Russian elites as it build sanctions against the country. He said elites are already “attempting to get their money out of Russia, because the Russian economy is shrinking.”

“We’re going to make it hard for them to use the assets going forward,” Adeyemo said at an event hosted by The Washington Post. He added, “Our goal then is to find that money and to freeze that money and to seize it.”Copyright 2022 The Associated Press. All rights reserved.

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