Friday, April 6, 2018

Trump-Putin relationship souring?

The Trump administration announced Friday it will sanction seven Russian oligarchs and a dozen companies they own and control, its most aggressive effort yet to curb the activities of influential Russian business elites.

The sanctions were imposed under a law Congress overwhelmingly passed last year to punish Moscow for interfering in the 2016 presidential election and other destabilizing activities, including its military intervention in Ukraine and involvement in the Syrian civil war.

“The Russian government engages in a range of malign activity around the globe,” Treasury Secretary Steven Mnuchin said in a statement. “Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government’s destabilizing activities.”

“This [is a] response to Russia’s continued attacks to subvert Western democracies,” a senior administration official said.

Those now sanctioned include Oleg Deripaska, an oligarch with ties to Russian President Vladimir Putin and President Trump’s former campaign manager, Paul Manafort, who has been indicted in the special counsel’s investigation into the Kremlin’s election-meddling efforts.

The Treasury Department is also sanctioning the chairman of Russian energy giant Gazprom, Putin adviser Suleiman Kerimov and Kirill Shamalov, who married Putin’s daughter in 2013.

Sanctioned companies and people will have any U.S. assets frozen and Americans will be banned from dealing with them.

In total, 38 Russian people and entities are being sanctioned, including 17 senior government officials and a state-owned weapons trading company that the U.S. says has aided Syrian government forces in the country’s civil war.

  The Hill
Why do I feel there must be some catch?

...but hey, do what you want...you will anyway.

UPDATE:

It's No Coincidence These Russian Sanctions Took a Year to Show Up: Just enough time for the oligarchs to move their assets around.

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