US cracks down on more yachts with ties to Putin
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has expanded its sanctions on yachts linked Vladimir Putin
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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has expanded its sanctions on yachts linked Vladimir Putin
So, what happens to the billions of dollars worth of seized property? Biden has proposed giving it back to Ukrainians.
<p><span>Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking further action to degrade the key networks used by Russia’s elites, including President Vladimir Putin, to attempt to hide and move money and anonymously make use of luxury assets around the globe. Today’s action targets a Kremlin-aligned yacht brokerage, several prominent Russian government officials, and a close Putin associate and money-manager, Sergei Roldugin, who is a custodian of President Putin’s offshore wealth. In order to further...
The United States placed Russian President Vladimir Putin's money-manager and a Monaco company that provides luxury yachts to Moscow's elite on its sanctions blacklist Thursday, stepping up pressure…
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