Russian elites, billionaires targeted by US sanctions

The Biden administration has imposed new sanctions, targeting Russian elites and billionaires in the fallout of the ongoing conflict in Ukraine's Donbas. 

The US Treasury Department imposed sanctions on Tuesday on several wealthy Russians, as well as the head of the National Media Group, Alina Kabaeva, who reportedly had a “close relationship” with Russian President Vladimir Putin.

The Treasury Department has imposed a slew of sanctions and visa restrictions on several Russian billionaires, Moscow-linked individuals, and the country's financial institutions and companies in order to mount pressure on Moscow as it presses forward with its operation in Ukraine.

“The Treasury Department will use every tool at our disposal to make sure that Russian elites and the Kremlin’s enablers are held accountable for their complicity in a war that has cost countless lives. Together with our allies, the United States will also continue to choke off revenue and equipment underpinning Russia’s unprovoked war in Ukraine,” US Treasury Secretary Janet Yellen said in a statement on Tuesday.

Moscow, for its part, has slapped sanctions on the wife and daughter of US President Joe Biden, as well as other high-ranking individuals who have been hostile towards the Russian nation.
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The US has also supplied the Kiev regime with billions of dollars in weaponry to buildup its forces to fight Russian troops.

The White House on Monday announced plans to send another $550 million in security assistance to Ukraine, including ammunition for the High Mobility Artillery Rocket System, or HIMARS, which helps Kiev's forces strike targets from longer distances.

The conflict in Ukraine, which recently entered its sixth month with still no end in sight, was launched in February with the aim of safeguarding the motherland against NATO's expansionist moves, defending the pro-Russian residents in Donbas against the Kiev regime's atrocities, and to “de-Nazify” Ukraine.

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