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U.S. Treasury Dept Imposes Major Sanctions Against Russian Oligarchs for Worldwide 'Malign Activity'
Reuters ^ | April 6, 2018 | Lesley Wroughton, Patricia Zengerle

Posted on 04/06/2018 9:07:02 AM PDT by GoldenState_Rose

The United States imposed major sanctions on Friday against 24 Russians, striking at allies of President Vladimir Putin in one of Washington’s most aggressive moves to punish Moscow for what it called a range of “malign activity.”

The sanctions are aimed at seven Russian oligarchs and 12 companies they own or control, plus 17 senior Russian government officials. They freeze the U.S. assets of the people and companies named and forbid Americans in general from doing business with them.

Treasury Secretary Steve Mnuchin said in a statement, “The Russian government operates for the disproportionate benefit of oligarchs and government elites.”

He said Moscow “engages in a range of malign activity around the globe, including continuing to occupy Crimea and instigate violence in eastern Ukraine, supplying the Assad regime with material and weaponry as they bomb their own civilians, attempting to subvert Western democracies, and malicious cyber activities.”

Shares in Russian aluminum producer Rusal were down 2.2 percent on Moscow’s exchange after the company was named on the sanctions list.

(Excerpt) Read more at reuters.com ...


TOPICS: Foreign Affairs; Government; News/Current Events; Russia
KEYWORDS: mnuchkin; oligarchs; putin; russia; sanctions

1 posted on 04/06/2018 9:07:02 AM PDT by GoldenState_Rose
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To: GoldenState_Rose

Well. . . damn. What’s an oligarch anyway? Why do they have oligarchs? Do WE have oligarchs?


2 posted on 04/06/2018 9:11:01 AM PDT by ichabod1 (I'm tired of living in the kinder gentler soviet union.)
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To: ichabod1

“Russia’s oligarchs are different from other billionaires.”

https://www.cnn.com/2018/04/06/politics/oligarch-russia-billionaires-government-putin-sanctions/index.html


3 posted on 04/06/2018 9:28:43 AM PDT by GoldenState_Rose
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To: GoldenState_Rose

Heather Nauert
@statedeptspox

1h
New @USTreasury sanctions on #Russia target those who benefit from Putin regime & have played key role in advancing Russia’s long history of malign activities from #Ukraine to #Syria. These elites will no longer be insulated from consequences of Russia’s destabilizing activities.

Treasury Department
@USTreasury
Treasury designates 7 Russian oligarchs, 12 companies they own or control, 17 senior Russian officials & a weapons trading company and its bank, in response to Russia’s worldwide malign activity...


4 posted on 04/06/2018 9:43:29 AM PDT by GoldenState_Rose
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To: ichabod1

It is true. Can’t have a conversation without listing fancy words which describe nothing. Doesn’t matter anyway. We don’t enforce laws on the books anyway. There is no downside for these criminals. Oligarchs R US has been a US institution for thousands of years? Was it over when the Germans bombed Pearl Harbor? I think not!


5 posted on 04/06/2018 9:48:09 AM PDT by DrDude (Losing! Its what GOP does best.)
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To: GoldenState_Rose

This is enforcement action undertaken in response to Obama’s Executive Orders 13660, 13661 and 13662 from 2014 concerning Ukraine. These were renewed by Pres. Trump March 2, 2018.

https://www.whitehouse.gov/presidential-actions/executive-order-presidents-continuation-national-emergency-respect-ukraine/

...On March 6, 2014, by Executive Order 13660, the President declared a national emergency pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701-1706) to deal with the unusual and extraordinary threat to the national security and foreign policy of the United States...

... in accordance with section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year the national emergency declared in Executive Order 13660...

...DONALD J. TRUMP...


6 posted on 04/06/2018 10:11:03 AM PDT by jjotto ("Ya could look it up!")
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To: GoldenState_Rose

BBC wondered why Trump waited so long ,he could have done this last summer , they’re pushing the Collusion thing you know helping out his Russian buds ,LOL


7 posted on 04/06/2018 10:30:18 AM PDT by butlerweave
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To: butlerweave

It’s not Pres. Trump. The authorization for Treasury to act has been in place since 2014. Obama’s Treasury could have acted. BBC lies by omission AGAIN.


8 posted on 04/06/2018 10:35:26 AM PDT by jjotto ("Ya could look it up!")
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To: ichabod1
“The Russian government operates for the disproportionate benefit of oligarchs and government elites.”

Is this any different than the American government? We certainly have our own "Oligarchs" (Liberal Billionaires) and government elites (most of the Swamp DC).

9 posted on 04/06/2018 12:04:48 PM PDT by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: GoldenState_Rose

Putin really got a bad deal when he bought Zuckerberg’s mind control Facebook technology that forced all of the deplorables to vote for Donald Trump. He should demand a refund.


10 posted on 04/06/2018 12:54:33 PM PDT by unlearner (A war is coming.)
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