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New US sanctions target 13 Russians, 30 entities: Treasury

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Aug 2022 22:26
3 Min Read

The US imposes a new round of sanctions against Russian people and businesses.

  • x
  • The US Department of the Treasury
    The US Department of the Treasury

The United States has imposed a new round of sanctions against Russia by targeting 13 Russian nationals and 30 entities, the US Department of the Treasury announced in a release on Tuesday.

"Today, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed a new round of sanctions targeting Kremlin-connected elites, a major multinational company, and a sanctions evasion operation, as well as one yacht pursuant to Executive Order (E.O.) 14024," the release said.

It mentioned that "These elites and businesses operate in economic sectors that generate substantial revenue for the Russian regime, including from sources outside of Russia."

The new sanctions target retired Olympic gymnast Alina Kabaeva, Russian Fertilizer Producers Association President Andrey Guryev as well as the Skolkovo Innovation Center, among others, the release added. 
 
According to the US Department of the Treasury, "Andrey Grigoryevich Guryev (A.G. Guryev) is a known close associate of Russian Federation President Vladimir Putin and previously served in the government of the Russian Federation; he was appointed to the Federation Council of the Federal Assembly of the Russian Federation in 2001, where he served until 2013. A.G."

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In addition, the Treasury Department sanctioned Guryev’s son, Andrey, for operating or having operated in the financial services sector of the Russian economy.

"A.A. Guryev is the 100 percent owner of Dzhi AI Invest OOO (DAI), an investment entity located in Russia," the release said, adding that "DAI’s activities include deposit banking, insurance, and financial services."

The Treasury Department also indicated the new sanctions have targeted Viktor Rashnikov, chairman of the Board of Directors of Publichnoe Aktsionernoe Obschestvo Magnitogorskiy Metallurgicheskiy Kombinat (MMK), which is one of the world’s largest steel producers.

Both MMK and Rashnikov were sanctioned for operating or having operated in the financial services sector of the Russian economy, the release pointed out.

The US Department of the Treasury noted that it sanctioned Alina Kabaeva for being or having been a leader, official, senior executive officer, or member of the board of directors of the Russian government. 
 
Moreover, the sanctions target the First Deputy Director of Non-State Development Institute Innopraktika, Natalya Popova.

Read more: US Treasury sanctions two Russian individuals, four entities

  • United States
  • Moscow
  • US Treasury Department
  • Russia
  • US
  • Vladimir Putin

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