Monaco-based Imperial Yachts and its owner, Evgeniy Kochman, added to expanded sanctions list

The US government has imposed sanctions on a close Putin associate as well as a yacht management firm and its owners, describing them as part of a system that allows Russian president Vladimir Putin and his elite to “move money and anonymously make use of luxury assets around the globe”.

In a statement, the treasury department said that it was sanctioning the Monaco-based Imperial Yachts, and its owner, Moscow-born Evgeniy Kochman.

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