The United States Sanctions Vladimir Putin’s Daughters and Two Major Russian Banks



President of Russia Valdimir Putin


© Mikhail Klimentyev
President of Russia Valdimir Putin

The United States announced on Wednesday new economic and financial sanctions once morest large Russian banks and two daughters of the president. Vladimir Putinreported the White House.

A high-ranking US official explained that Washington wants to create a “vicious circle” by piling up measures once morest Russia from the start of the Russian invasion of Ukraine.

“We deprive (Russia) of capital, we deprive it of technology, we deprive it of talent and the set of measures aims to create a spiral that accelerates as Putin maintains the military escalation,” added the official who asked not to be identified. .

In addition to preventing new investment in Russia, The United States will impose the most severe sanctions possible once morest the public bank Sberbankwhich according to Washington controls a third of Russia’s banking assets and also once morest Alga Bank, the country’s largest private bank.

This means that these entities, which had already received less harsh sanctions, will suffer the freezing of all their assets “in the US financial system” and will not be able to carry out any type of transaction with US entities or persons, according to the White House.

The United States also wants sanction “large strategic public companies” but, for the moment, did not reveal the list.

Washington noted that the measures aim to turn Russia into a “pariah” of the world economy but it would make exceptions in the energy sector, the main source of resources for the Russian treasury.

The White House, as always, said that the measures are coordinated especially with its European allies that are highly dependent on Russian gas.

In addition, the United States will also sanction “adult children” of Putin. A senior US official said it was the two daughters of the Russian presidentwhich are now subject to a US asset freeze and cut off from the US financial system.

Those Putin daughters are known in the Russian media as “Maria Vorontsova and Katerina Tikhonova.”

The same treatment will be applied to the wife and daughter of Foreign Minister Sergei Lavrov as well as members of Russia’s security council, including former President Dimitri Medvedev.

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