U.S. Treasury Department imposes sanctions on Russian businessman, companies, government officials

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in consultation with the Department of State, today designated seven Russian oligarchs and 12 companies they own or control, 17 senior Russian government officials, and a state-owned Russian weapons trading company and its subsidiary, a Russian bank.

"The Russian government operates for the disproportionate benefit of oligarchs and government elites," said Treasury Secretary Steven T. Mnuchin.

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