Russian Business Owners in the US with Frozen Assets Named

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The US has released the names of 38 Russian individuals and business entities with ties to Russia, as Specially Designated Nationals, and consequently a further 7 individuals have had their assets frozen and 12 prominent companies owned or controlled by them.

In the US, it is illegal to carry out any commercial activity with any businesses or entities associated with a block, including company’s majority-owned by them whether directly or indirectly, and are obligated to block any property and interests in property that come within their control or possession.

Some of the Business Owners have been released to include:

Mr Oleg Deripaska.
Mr Kirill Shamalov.
Viktor Vekselberg.
Vladimir Bogdanov.
Mr Alexei Miller.