Posted on Feb 27, 2022
Here are the Russian oligarchs targeted in Biden's sanctions
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A former KGB leader, a diamond mine executive and a deputy prime minister — these are just some of the roles held by Russian oligarchs targeted by the Biden administration in a round of "unprecedented" sanctions against members of President Vladimir Putin's inner circle.
The U.S., working closely with European allies, has been steadily waging sanctions against Moscow with the goal of deterring Putin from escalating actions in Ukraine. The efforts, which do not appear to have thwarted Putin yet, could have lasting effects on Russian business and government leaders with international dealings.
The White House said Friday it would also take the rare step of directly sanctioning Putin, a largely symbolic act given that the Russian leader has hidden his wealth and made it difficult to freeze his assets.
The U.S., working closely with European allies, has been steadily waging sanctions against Moscow with the goal of deterring Putin from escalating actions in Ukraine. The efforts, which do not appear to have thwarted Putin yet, could have lasting effects on Russian business and government leaders with international dealings.
The White House said Friday it would also take the rare step of directly sanctioning Putin, a largely symbolic act given that the Russian leader has hidden his wealth and made it difficult to freeze his assets.
Here are the Russian oligarchs targeted in Biden's sanctions
Posted from nbcnews.com
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Posted 2 y ago
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PO1 William "Chip" Nagel
..."“Elites close to Putin continue to leverage their proximity to the Russian President to pillage the Russian state, enrich themselves, and elevate their family members into some of the highest positions of power in the country at the expense of the Russian people," the U.S. Department of the Treasury said in a statement.
"Sanctioned oligarchs and powerful Russian elites have used family members to move assets and to conceal their immense wealth.”
Secretary of the Treasury Janet L. Yellen said the sanctions were meant to "degrade Russia’s ability to project power and threaten the peace and stability of Europe" by cutting off access to the broader international economy.
Members of the ruling class singled out by the Treasury Department comprise Russia's financial elite who benefit from the regime's "kleptocracy" and are closest to Putin, it said.
The list that was released this week goes beyond "the normal business tycoons" sanctioned in the past, said William Courtney, adjunct senior fellow at the nonpartisan Rand Corp., who served as ambassador to Kazakhstan, Georgia, and on the U.S.-Soviet Bilateral Consultative Commission to Implement the Threshold Test Ban Treaty.
"These people are KGB cronies," Courtney said. "They have more influence on policy, the kind of policy that led to invading Ukraine."
Sanctions could prove effective by constraining the ability of these players to conduct business abroad, keep assets in secure banks and open accounts in reputable Western institutions, he said.
Putin's inner circle includes several people with military and secret service backgrounds who might be less inclined to spread their wealth internationally and instead choose to stay close to Putin in Russia."...
..."“Elites close to Putin continue to leverage their proximity to the Russian President to pillage the Russian state, enrich themselves, and elevate their family members into some of the highest positions of power in the country at the expense of the Russian people," the U.S. Department of the Treasury said in a statement.
"Sanctioned oligarchs and powerful Russian elites have used family members to move assets and to conceal their immense wealth.”
Secretary of the Treasury Janet L. Yellen said the sanctions were meant to "degrade Russia’s ability to project power and threaten the peace and stability of Europe" by cutting off access to the broader international economy.
Members of the ruling class singled out by the Treasury Department comprise Russia's financial elite who benefit from the regime's "kleptocracy" and are closest to Putin, it said.
The list that was released this week goes beyond "the normal business tycoons" sanctioned in the past, said William Courtney, adjunct senior fellow at the nonpartisan Rand Corp., who served as ambassador to Kazakhstan, Georgia, and on the U.S.-Soviet Bilateral Consultative Commission to Implement the Threshold Test Ban Treaty.
"These people are KGB cronies," Courtney said. "They have more influence on policy, the kind of policy that led to invading Ukraine."
Sanctions could prove effective by constraining the ability of these players to conduct business abroad, keep assets in secure banks and open accounts in reputable Western institutions, he said.
Putin's inner circle includes several people with military and secret service backgrounds who might be less inclined to spread their wealth internationally and instead choose to stay close to Putin in Russia."...
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The oligarchs don't like what Putin is doing. But, their afraid for their lives which is why they won't raise their voices.
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SGT (Join to see)
Sounds like the Trumpublican Politicians following 45 for fear of being Primaried and losing their elected office.
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