May 16, 2022

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Russia’s sanctions and the targeting of Putin’s daughters by the United States and the European Union

Vladimir Putin’s adult daughters are in the crosshairs of sanctions. “We have reason to believe that Putin and many of his henchmen and oligarchs are hiding their wealth and assets with family members who have deposits in the US financial system and in many other parts of the world,” a US administration official said. The adult daughters of Vladimir Putin, Maria Butina and Katerina Tikhonova. “We believe that many of Putin’s assets are hidden with his family, which is why we are targeting them,” the official said.

The European Union is also assessing the possibility of including the daughters of the Russian president from his first wife, Lyudmila Shkrebneva, among the sanctions. This is what diplomats have revealed, citing the Wall Street Journal: The names of the president’s daughters will thus be added to the list of hundreds of Russian oligarchs and political figures who have been injured in response to the Russian invasion of Ukraine. The Biden administration is also evaluating the possibility of extending sanctions against Sberbank – Russia’s largest financial institution – and Alpha Bank.

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