US releases list including names of Russian oligarchs but declines to implement new sanctions
The U.S. Treasury has released a list that includes the names of Russian business and political figures as part of a law meant to punish Moscow for election meddling, but the Trump administration declined to implement new sanctions.
The report has the names of senior members of the Kremlin, CNN reported. It also includes the names of Russian oligarchs with a net worth of or more than $1 billion.
The administration clarified the report was not meant to be a “sanctions list.”
The list included 114 senior political figures with ties to Russian President Vladimir Putin, according to CNN. It also had 96 oligarchs.
Russia warned that publishing the names could have “very, very serious consequences,” according to CNN.
“Given the long timeframes generally associated with major defense deals, the results of this effort are only beginning to become apparent. From that perspective, if the law is working, sanctions on specific entities or individuals will not need to be imposed because the legislation is, in fact, serving as a deterrent,” the spokesperson said.
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