Some of Russia’s super rich are finding their assets in the west under threat of sanctions from the US

For a growing number of Russia’s richest and most powerful men, now would be a very bad time to take their private jets and superyachts to their mansions in the United States.

Yesterday, the White House announced it would expand the list of Russian oligarchs subject to full blocking sanctions – the highest level of restrictions – as it ramps up punishment against Russia for its invasion of Ukraine. Some of the newly named oligarchs overlapped with a list of Russian elites on whom the European Union imposed sanctions earlier this week, although there were some notable differences.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

London Underground workers vote to continue strike action

More than 90% of RMT members who voted back further stoppages in…

Visa rules forcing migrant NHS workers to leave UK amid Covid second wave

‘Shameful’ treatment of health and care workers comes amid 122,000 shortage in…

Sherwood recap: episode three – who is the spy in their midst?

As the acclaimed series reaches the halfway point Andy scarpers, Scott leaves…

‘McMafia’ banker’s wife will have £22m seized unless she reveals source of wealth

Supreme court upholds order against Zamira Hajiyeva, who spent £1m a year…