The US is targeting the hidden assets of the oligarchs and the supply lines of the Russian military

LONDON — The US government and its allies plan to sanction institutions and individuals who help Russian oligarchs hide their fortunes, while governments are also working on new measures aimed at disrupting the supply chains needed to Equip Russia with “tools of war,” Deputy Finance Minister Wally Adeyemo said on Tuesday.

In response to the Russian invasion of Ukraine, the US, European Union, UK, Australia and others have said they are scrutinizing the assets of a handful of wealthy and powerful Russians. Western governments say these oligarchs have benefited from close ties to Russian President Vladimir Putin. Many have spent lavishly outside of Russia, boosting the local economy with property purchases and other investments.

https://www.wsj.com/articles/u-s-targets-oligarchs-hidden-assets-russian-military-supply-lines-11648546124 The US is targeting the hidden assets of the oligarchs and the supply lines of the Russian military

Ethan Gach

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