US Targets Russian Oligarch Usmanov and Finance Networks with Fresh Sanctions

The US Treasury Department has imposed sanctions on 29 companies and 25 individuals linked to the Russian government over the invasion of Ukraine, including Russian-Uzbek billionaire Alisher Usmanov's network of businesses. Usmanov, who is believed to be close to Russian President Vladimir Putin, has been subject to sanctions for over a year, but the US Treasury said he still had a wide network of businesses and family members through which to conduct financial transactions, enabling him to potentially circumvent sanctions.