US Targets Russian Oligarch Usmanov and Finance Networks with Fresh Sanctions

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Source: The Moscow Times
US Targets Russian Oligarch Usmanov and Finance Networks with Fresh Sanctions
Photo: The Moscow Times
TL;DR

The US Treasury Department has imposed sanctions on 29 companies and 25 individuals linked to the Russian government over the invasion of Ukraine, including Russian-Uzbek billionaire Alisher Usmanov's network of businesses. Usmanov, who is believed to be close to Russian President Vladimir Putin, has been subject to sanctions for over a year, but the US Treasury said he still had a wide network of businesses and family members through which to conduct financial transactions, enabling him to potentially circumvent sanctions.

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