By Alisha Houlihan for AMLi
The US Treasury Department has announced a new barrage of sanctions against Russia for its invasion of Ukraine, targeting board members of Russian banks and some of the country’s state-controlled television stations.
The Office of Foreign Assets Control (OFAC) has listed several entities and people including the board members of two of the country’s most important banks, a state-owned bank and nine of its subsidiaries, a state-sponsored weapons manufacturer, and three of Russia’s state-controlled television stations, in its latest sanctions package.