Get all your news in one place.
100's of premium titles.
One app.
Start reading

U.S. blocks $1 billion in Delaware trust linked to Russian oligarch with ties to Putin

The U.S. Treasury Department said Thursday it's notified the Delaware-based Heritage Trust that it's blocking more than $1 billion in assets linked to the sanctioned Russian oligarch Suleiman Kerimov.

Why it matters: The U.S. and other governments are intensifying efforts to financially squeeze oligarchs with ties to Russian President Vladimir Putin due to the invasion of Ukraine.


Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.