The measures, adopted in coordination with the countries that make up the G7 and the European Union (EU), set the total blockade of the assets of the largest Russian financial institution, Sberbank, and its largest private bank, Alfa Bank in the United Stateswhile prohibiting Americans from doing business with both, the Europa Press news agency reported.
In addition, the president Joe Biden will soon sign an executive order that will prohibit new investments in Russia for Americans, wherever they are.
The measure seeks to “further isolate” Russia from the global economy and is built on the decision of more than 600 multinational companies to leave the Russian market, the White House said.
On the other hand, the United States vetoed the transactions of Americans with Russian state companies and froze their assets under the jurisdiction of the North American country, which “damages” the Kremlin’s ability to use the resources of these companies to finance the war in Ukraine.
The Treasury Department will give the names of these companies tomorrow.
In addition, the Biden administration expelled from its financial system and froze the assets of Russian officials and their families, including Putin’s adult daughters, the foreign minister’s wife and daughter, Sergei Lavrovand members of the Russian Security Council, including former President Dimitri Medvedev and the current prime minister, Mikhail Mishustin.
“These individuals have enriched themselves at the expense of Russian citizens” and “some of them are responsible for providing necessary support for Putin’s war in Ukraine,” the White House said in a statement.
Finally, the US Treasury prohibited Russia from making debt payments with funds under its jurisdiction and the allies pledged to support sectors considered “essential” for humanitarian activities that benefit Russian citizens.
On the other hand, the Russian millionaire Konstantin Malofeyev was charged in the United States for violating the sanctions imposed by Washington, Attorney General Merrick Garland announced today.
“After being sanctioned by the United States, Malofeyev attempted to evade sanctions by using accomplices to surreptitiously acquire and run media outlets across Europe,” Garland said.
The Russian billionaire had previously been identified as a source of funding for Russians promoting separatism in Crimea and as a provider of support to the self-proclaimed Donetsk People’s Republic in eastern Ukraine, the official added.
This is the first indictment of a Russian tycoon in the United States since Russia’s invasion of Ukraine, Assistant Attorney General Lisa Monaco said.
Konstantin Malofeyev is already the target of European sanctions, as he is also considered by Brussels to be a financier of pro-Russian separatists in eastern Ukraine.
Source: Ambito
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