The U.S. Treasury Department sanctioned on Aug. 11 four key figures associated with the Russian financial conglomerate Alfa Group, namely Mikhail Fridman, Petr Aven, German Khan, and Alexey Kuzmichev.
At least 88 Ukrainian companies directly or indirectly owned by Russian oligarchs linked to the country’s military industry have not yet been confiscated, the Trap Aggressor project of the StateWatch think-tank reported on Aug. 10.
Sanctioned Russian oligarchs spend hundreds of thousands of dollars on luxury life in the U.K. thanks to numerous sanction exemptions, the New York Times reported on July 27.