U.S. Imposes Sanctions on Yacht Company That Caters to Russian Elites - The New York Times - 0 views
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WASHINGTON — The U.S. government leveled sanctions against a yacht management company and its owners, describing them as part of a corrupt system that allows Russian elites and President Vladimir V. Putin to enrich themselves, the Treasury Department announced on Thursday.
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“Russia’s elites, up to and including President Putin, rely on complex support networks to hide, move and maintain their wealth and luxury assets,” said Brian Nelson, the under secretary for terrorism and financial intelligence at the Treasury Department.
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“We will continue to enforce our sanctions and expose the corrupt systems by which President Putin and his elites enrich themselves,” he added.
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