Yachts, planes, firms and elites linked to Putin targeted for sanctions

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Yachts, planes, firms and elites linked to Putin targeted for sanctions
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The Treasury Department is targeting yachts, aircrafts, the firms that manage them, Kremlin officials and businessmen linked to Russian President Vladimir Putin in a new round of sanctions.

The U.S. announced new sanctions Thursday on Russian oligarchs and elites, including some of the richest men in Europe and their families, as well as penalties targeting more Kremlin officials, businessmen linked to President Vladimir Putin and their yachts, aircraft and firms that manage them.

Also included in the announcement by the departments of Treasury, State and Commerce are sanctions on God Nisanov, one of the richest men in Europe, and Alexey Mordashov, one of Russia's wealthiest billionaires, along with his wife and two adult children.in February, to pursue Russian elites'"ill-gotten gains."

"We will continue to enforce our sanctions and expose the corrupt systems by which President Putin and his elites enrich themselves," he said. The Graceful, which allegedly belongs to Russian President Vladimir Putin is moored at the port of Sochi, Russia, in July 2015. The U.S. has worked closely with allied governments in Europe, Asia and elsewhere to impose thousands of sanctions on Russian elites, oligarchs and banks. Allied governments have done everything from barring individuals from trading in Russian gold in the U.S. to banning companies from providing accounting, legal and consulting services to anyone located in Russia.

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