The Bucha massacre shook the world. The US is now reacting by imposing new sanctions on Russia – this time it also affects the children of Putin and Lavrov.
In response to the atrocities in the Kiev suburb of Bucha, the US government has imposed new sanctions on Russia. The punitive measures are aimed, among other things, at two large Russian banks and the adult children of Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, as the White House in Washington announced on Wednesday. “The disgusting brutality in Bucha has tragically exposed the despicable character of the Putin regime,” said a senior US official.
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The sanctions are aimed at Russia’s major Sberbank and Alfa-Bank, which was founded by several oligarchs. According to the White House, Sberbank holds almost a third of the assets of the entire Russian banking sector and is systemically important for the Russian economy. Alfa Bank is Russia’s largest privately owned financial institution. The US government also prohibits new investments in Russia by US persons wherever they are located. In this way, Russia should be further isolated from the world economy.
US sanctions also against children of Putin and Lavrov
Punitive measures are also being taken against Russian elites and their relatives. These include President Putin’s adult children, Foreign Minister Lavrov’s wife and daughter, former Russian head of state Dmitry Medvedev and Prime Minister Mikhail Mishustin. “This measure will cut them off from the US financial system and freeze their assets in the United States,” the White House said.
Important Russian state-owned companies are also subject to punitive measures. These would prohibit all US citizens from doing business with these companies. The assets of companies in the US are frozen. This will hamper the Kremlin’s ability to use these companies to fund the war in Ukraine, it said. The US Treasury Department also prohibits Russia from paying off debts with funds subject to US jurisdiction.
The US government is also specifically targeting Russian oligarch Konstantin Malofeev. US Attorney General Merrick Garland announced charges against Malofeev for violating previously imposed sanctions. Malofeev has been identified in the past as one of the main sources of funding for the separatist movements in Crimea and in the so-called Donetsk People’s Republic in Ukraine, and has been subject to punitive measures. After the US sanctions were imposed, Malofeev then tried to circumvent them by acquiring and operating media outlets across Europe through accomplices. Garland said millions of dollars were also seized from an account at a US financial institution, which is proceeds attributed to Malofeev’s sanctions violations.
In view of the Russian war of aggression in Ukraine, the USA, the EU, Great Britain and other allies have already imposed numerous sanctions on Moscow. So far, the targets of the measures have included Russia’s financial system, the technology sector and politicians and oligarchs who are considered Putin’s followers.
Source: Stern
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