US Treasury releases list of Russian oligarchs linked to Putin

FAN Editor

The U.S. Treasury Department released a report late Monday listing a number of individuals closely affiliated with the Russian government.

The department made clear that this was not a sanctions list, though many of the individuals on the list are already subject to U.S. sanctions. It does however highlight a number of wealthy Russians who are close to President Vladimir Putin that could be at risk of sanctions.

While not all the names of people and entities in the report were made public, those that were included 114 senior political figures close to Putin and 96 oligarchs with a net worth of $1 billion or more.

The department also provided a classified annex to the report, which the Trump administration has not yet publicized. This includes additional state-affiliated companies with at least 25 percent government ownership and more than $2 billion in revenue in 2016, and individuals who “may hold a position below those included in the unclassified report or have a net worth below $1 billion,” according to the report. It also detailed the impact of sanctions on Russia’s sovereign debt.

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