A replica of a World War II gun barrel stands on Red Square for a military parade in Moscow, November 2, 2018.
Mladen Antonov | AFP | Getty Images
Washington — The Biden administration on Wednesday imposed new sanctions on financial networks linked to Russian billionaire and businessman Alisher Usmanov as part of a larger effort to crack down on sanctions evasion.
Usmanov, one of Russia’s richest billionaires with direct ties to President Vladimir Putin, was named in March 2022, weeks after Moscow’s full-scale invasion of Ukraine.
“As the Kremlin seeks ways to circumvent the broad multilateral sanctions and export controls imposed on Russia in its war against Ukraine, the United States, allies and partners continue to sabotage evasion plans to support Putin on the battlefield. would,’ he said. Brian Nelson Treasury Department of Terrorism and Financial Intelligence.
“Today’s action underscores our dedication to fulfilling the G7’s commitment to impose a severe price on third-country actors who support Russia’s war,” he added.
The Treasury Department’s Office of Foreign Assets Control announced sanctions against 25 individuals and 29 entities across 20 jurisdictions for collaborating with Usmanov.In a joint effort, the State Department also authorize some entities For supporting the invasion of Ukraine, including two responsible for militarizing and indoctrinating Russian schoolchildren.
Secretary of State Antony Brinken said, “The United States supports the war in Russia and Ukraine, including further implementing the G7 commitment to impose serious consequences on third-country actors who support Russia’s war in Ukraine. We will continue to take action against people,” he said.
The sanctions are in response to the addition of 28 organizations to the list of threats to U.S. national security maintained by the Department of Commerce. Located in Armenia, China, Malta, Russia, Singapore, Spain, Syria, Turkey, the United Arab Emirates and Uzbekistan, these agencies support Russia’s defense system, coordinate the movement of goods from Iran to Russia, It is said that he procured goods for the institution of to the announcement.
“The United States is acting swiftly and cooperatively in response to President Putin’s flagrant violation of international law,” Deputy Commerce Secretary Don Graves said in a statement. “The Biden-Harris administration, along with our partners and allies, will continue to use export controls to undermine Russia’s military and defense industrial base.”
Entities subject to sanctions include:
- Usmanov’s adviser Demetrios Sergides, a Cypriot national, and the ‘sister trust’
- Usmanov’s network in Cyprus
- Executives associated with Usmanov
- Member of the billionaire Scott family
- Usmanov’s son-in-law, Nathan Adadeevich Viner
- Sequoia Treuhand Trust, a Russian-affiliated trust services company
- Several suppliers to help sanctions evasion and sourcing goods for Russia
- A Hungarian-based, Russian-controlled financial institution called the International Investment Bank
Last year, German authorities seized the world’s largest superyacht after officially confirming that the ship had ties to Usmanov.
Named Dilbar after Usmanov’s mother, the yacht is over 500 feet long, has two helipads and the largest indoor pool ever installed on a civilian vessel. The Treasury Department estimates the current value of Usmanov’s yacht at about $735 million.
Read more: World’s largest yacht linked to Russian billionaire Usmanov seized by Germany
Usmanov and his superyacht have entered the crossroads of the United States and its allies following coordinated global sanctions against Russian elites linked to the Kremlin.
Southampton, England, United Kingdom, superyacht Dilver 15,917 Tone, owned by Russian billionaire Alisher Usmanov, departs Southampton harbor.
Ucg | Universal Images Group | Getty Images
A $90 million megayacht owned by billionaire Viktor Vexelberg was seized in Spain last April with the help of US authorities. Vekselberg was born in Ukraine, but he founded a large Russian-based conglomerate Renova Group.
Last March, French authorities seized a giant yacht they said was tied to Russian billionaire Igor Sechin, CEO of state oil company Rosneft. – Served as Deputy Prime Minister of Russia in President Putin’s government.
Lady M, known to be the property of Russian billionaire Alexei Mordashov, was previously seized in Italy.
