- The US is targeting Russian oligarchs close to Putin in its latest sanctions over the invasion of Ukraine.
- Eight Russian oligarchs and their family members face full blocking sanctions.
- A total of 19 oligarchs, as well as 47 of their family members and close associates, face visa restrictions.
“These individuals have enriched themselves at the expense of the Russian people, and some have elevated their family members into high-ranking positions,” said the White House. “Others sit atop Russia’s largest companies and are responsible for providing the resources necessary to support Putin’s invasion of Ukraine.”
These individuals and their family members will be cut off from the US financial system, and their assets in the US will be frozen, according to the White House statement.
The family members and associated companies of all eight oligarchs face full blocking sanctions. “The United States and governments all over the world will work to identify and freeze the assets Russian elites and their family members hold in our respective jurisdictions – their yachts, luxury apartments, money, and other ill-gotten gains,” said the White House statement.
Included in this group is Dmitry Peskov, the press secretary to Russian President Vladimir Putin. The White House described Peskov as “a top purveyor of Putin’s propaganda.”
The White House also singled out metals magnate Alisher Usmanov, “a close ally of Putin,” whose property, superyacht, and private jet will be blocked from use in the US.
Also hit by the sanctions is Nikolai Tokarev, a former colleague of Putin’s at the KGB and the CEO of Transneft, a major Russian oil and gas company. Tokarev’s wife, daughter, and two luxury real-estate companies have also been sanctioned.
White House press secretary Jen Psaki said the oligarchs were chosen based on their proximity to Putin. “We want him to feel the squeeze. We want the people around him to feel the squeeze,” she said, according to an official transcript of her press briefing on Thursday.
The US is also imposing visa restrictions on 19 Russian oligarchs, as well as 47 of their family members and close associates, according to the White House statement.