August 2, 2022 Russia-Ukraine news

Andrey Grigoryevich Guryev, chief govt officer of PhosAgro, speaks in an interview on the opening press convention through the World Chess Tournament on March 9, 2018 in Berlin, Germany. (Sebastian Reuter/Getty Images for World Chess)

US President Joe Biden’s administration on Tuesday took a sequence of actions focusing on Russian elites — together with a number of with shut ties to Russian President Vladimir Putin — in its newest try and penalize the Kremlin for its ongoing conflict in Ukraine.

In an announcement, the Treasury Department introduced a brand new spherical of sanctions in opposition to a lot of oligarchs, a significant metal manufacturing firm and two of its subsidiaries, in addition to a monetary establishment accused of operating a sanctions evasion operation and its common director.

Separately, US Secretary of State Antony Blinken introduced sanctions on three oligarchs, a Russian state-owned firm overseen by the Russian Ministry of Transport, “four individuals and one entity illegitimately operating in Ukraine’s territory in collaboration with Russia,” and 24 Russian protection and technology-related entities.

The US can be imposing visa restrictions on 893 Russian Federation officers and “31 foreign government officials who have acted to support Russia’s purported annexation of the Crimea region of Ukraine and thereby threatened or violated Ukraine’s sovereignty,” Blinken mentioned.

Many of the designations introduced by the US goal oligarchs who have been beforehand sanctioned by allies just like the United Kingdom, Australia, Canada and the European Union. The actions come because the conflict in Ukraine nears its sixth-month mark. 

“As innocent people suffer from Russia’s illegal war of aggression, Putin’s allies have enriched themselves and funded opulent lifestyles,” Treasury Secretary Janet Yellen said in a statement. “The Treasury Department will use every tool at our disposal to make sure that Russian elites and the Kremlin’s enablers are held accountable for their complicity in a war that has cost countless lives.”

The oligarchs sanctioned by the State Department Tuesday are Andrey Igorevich Melnichenko, Alexander Anatolevich Ponomarenko and Dmitry Aleksandrovich Pumpyanskiy. The yacht Axioma was recognized as blocked property wherein Pumpyanskiy has an curiosity, the State Department mentioned in a truth sheet. 

According to that truth sheet, Ponomarenko “is an oligarch with close ties to other oligarchs and the construction of Vladimir Putin’s seaside palace” who has beforehand been sanctioned by the UK, EU, Canada, Australia and New Zealand.

Among the oligarchs sanctioned by the Treasury Department Tuesday is Andrey Grigoryevich Guryev, the Russian billionaire founding father of the chemical firm PhosAgro and former authorities official described by the Treasury as “a known close associate” of Putin. He can be sanctioned by the UK, and based on the US Treasury, he “owns the Witanhurst estate, which is the second largest estate in London after Buckingham Palace.”

The US Treasury Department on Tuesday recognized the yacht Alfa Nero, reportedly owned by AG Guryev, as blocked property.

Another shut ally of Putin, Alina Maratovna Kabaeva, was sanctioned Tuesday. Kabaeva is a former State Duma member and present head of the National Media Group, “a pro-Kremlin empire of television, radio, and print organizations.” According to the Treasury Department, “she has also been sanctioned by the EU and the UK.”

AG Guryev’s son, Andrey Andreevich Guryev, was additionally sanctioned by the US Tuesday, after beforehand being sanctioned by Australia, Canada, the European Union, Switzerland, and the UK, as was his funding agency Dzhi AI Invest OOO.

Natalya Valeryevna Popova was sanctioned “for operating or having operated in the technology sector of the Russian Federation economy, and for being or having been a leader, official, senior executive officer, or member of the board of directors of LLC VEB Ventures,” which is a sanctioned entity. She was additionally sanctioned for being the spouse of Kirill Aleksandrovich Dmitriev, the CEO of the Russian Direct Investment Fund. Both he and the RDIF have been sanctioned within the days following the beginning of the conflict. 

The Joint Stock Company Promising Industrial and Infrastructure Technologies, “a financial institution owned by the Russian Federal Agency for State Property Management,” and its General Director Anton Sergeevich Urusov have been sanctioned Tuesday in relation to alleged sanctions evasion. 

According to the Treasury Department, “JSC PPIT attempted to facilitate the circumvention of sanctions imposed on the Russian Direct Investment Fund (RDIF).”

The Treasury Department sanctioned Publichnoe Aktsionernoe Obschestvo Magnitogorskiy Metallurgicheskiy Kombinat (MMK), described as “one of the world’s largest steel producers,” the chair of its board of administrators Viktor Filippovich Rashnikov — who has additionally been sanctioned by Australia, Canada, the EU, Switzerland and the UK — and two of MMK’s subsidiaries.

“MMK is one of Russia’s largest taxpayers, providing a substantial source of revenue to the Government of the Russian Federation,” the Treasury Department mentioned. The company has approved a wind-down interval for transactions with MMK and certainly one of its subsidiaries. 

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