Accessibility links

Breaking News

U.S. Sanctions Russian Board Members At Novikombank And ABR Management, Peskov's Family


People stand in line to withdraw money from an ATM of VTB Bank in downtown Moscow on February 28.
People stand in line to withdraw money from an ATM of VTB Bank in downtown Moscow on February 28.

The United States has sanctioned several board members at Novikombank and ABR Management, including Vice Governor of St. Petersburg Vladimir Nikolaevich Knyaginin, over Russia’s war against Ukraine, U.S. Secretary of State Antony Blinken said.

“With our allies and partners, the United States is committed to ensuring the government of the Russian Federation pays a severe economic and diplomatic price for its invasion of Ukraine,” Blinken said in a March 11 statement.

The United States also imposed sanctions on Russian billionaire Viktor Vekselberg, three family members of President Vladimir Putin's spokesperson, and lawmakers.

Those hit by the March 11 sanctions include 10 people on the board of VTB Bank, the second-largest lender in Russia, and 12 members of the Duma, Russia's lower house of parliament, the U.S. Treasury Department said in a statement.

"Treasury continues to hold Russian officials to account for enabling Putin's unjustified and unprovoked war," Treasury Secretary Janet Yellen said in a statement.

Kremlin’s spokesperson Dmitry Peskov was targeted on March 3. The March 11 measures extend to his wife and two adult children.

They lead "luxurious lifestyles that are incongruous with Peskov’s civil servant salary,”the Treasury Department said.

Russia has been hit by the United States, the U.K., and the European Union with a vast array of sanctions over its invasion of Ukraine launched on February 24.

With reporting by Reuters
  • 16x9 Image

    RFE/RL

    RFE/RL journalists report the news in 27 languages in 23 countries where a free press is banned by the government or not fully established. We provide what many people cannot get locally: uncensored news, responsible discussion, and open debate.

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.

XS
SM
MD
LG