The Biden administration imposed fresh sanctions aimed at the financial network linked to Russian billionaire and business tycoon Alisher Usmanov, APA reports citing CNBC.
The new sanctions, coordinated with the British government, target 25 people and 29 entities in 20 jurisdictions.
Usmanov, one of Russia's wealthiest billionaires, was designated in March 2022 in the weeks after Moscow's full-scale invasion of Ukraine.
"As the Kremlin seeks ways around the expansive multilateral sanctions and export controls imposed on Russia for its war against Ukraine, the United States and our allies and partners will continue to disrupt evasion schemes that support Putin on the battlefield," said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson.
"Today's action underscores our dedication to implementing the G7 commitment to impose severe costs on third-country actors who support Russia's war," he added.
Last year, German authorities seized the world's largest superyacht following official confirmation that the vessel had links to Usmanov.
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