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As It Occurred, The White House Announced Fresh Penalties Against Russian Billionaires And Vladimir Putin’s ‘cronies.’

White House announces new sanctions on Russian oligarchs and Putin’s ‘cronies’ – as it happened

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The White House has now released specifics on further penalties that the United States would apply to Russian oligarchs. “The United States, in conjunction with allies and partners, is targeting more Russian elites and family members who continue to back President Putin despite his savage invasion of Ukraine,” according to a statement published by the White House only minutes ago for publication.

This was followed by a statement saying that the persons in question had benefited themselves “at the cost of the Russian people” and that some had promoted their family members into high-ranking posts. Others have positions of power in Russia’s leading corporations and are responsible for mobilizing the resources required to assist Putin’s invasion of Ukrainian territory. These people and their family members will be shut off from the financial system of the United States, their assets in the United States will be frozen, and their property will be seized and put into storage.” In today’s announcement, the United States will penalize a large number of Putin’s associates and their family members.”Alisher Usmanov, a metals mogul with links to the Everton soccer team in the United Kingdom, is the first person to be named.
As one of Vladimir Putin’s favorite billionaires, his status was characterized by the European Union when the EU implemented sanctions against him.

As stated in the White House announcement, “his property will be blocked from use in the United States and by American citizens – including his superyacht, which was recently seized by our ally Germany, and his private jet, which is one of Russia’s largest privately-owned aircraft,” according to the White House announcement. The next person on the list is multi-millionaire Dmitry Peskov, “who, in his capacity as Putin’s spokesperson, is a leading distributor of Putin’s propaganda,” according to the White House. In addition, the United States placed visa restrictions on 19 oligarchs and 47 members of their families and close friends.

Full sanctions were imposed on Nikolai Tokarev and his two luxury real estate companies, Boris Rotenberg, Arkady Rotenberg, Sergei Chemezo, Yevgeniy Prigozhin, and his three companies members of their families. Boris Rotenberg, Arkady Rotenberg, Sergei Chemezo, Yevgeniy Prigozhin, and his three companies were also sanctioned. Also included are Igor Shuvalov and his five businesses, his wife Olga, his son Evgeny and his business and jet, and his daughter Maria and her business.

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