The United States added 40 Russian entities and 29 individuals to the Office of Foreign Assets Control’s (OFAC) list of sanctioned nationals, the Treasury Department said on Wednesday in an update of the list.
The new sanctions target individuals, including the head of Russia’s central bank Kseniya Yudayeva and Otkritie FC Bank chief Mikhail Zadornov, as well as other individuals connected to Russia's financial institutions, according to the Treasury Department update.
The new round of US sanctions also targets Russian tycoon Konstantin Malofeyev and his network as well as Russian financial institution Transkapitalbank.
OFAC sanctioned Malofeyev for having allegedly acted on behalf of the Russian government and violated US sanctions, the Treasury Department said in a press release. The sanctions target Malofeyev, his son, and his companies, including the media company Tsargrad, according to the press release.
The United States is also imposing sanctions on the private Russian financial institution Transkapitalbank for purportedly offering clients the ability to conduct transactions in violation of US sanctions, the press release said.
Further, the United States is imposing visa restrictions on 635 Russian nationals for alleged activities that threaten Ukraine as well as on three Russian officials for purported involvement in human rights abuses in Donbass.
“The United States is imposing visa restrictions on 635 Russian nationals who are involved in suppressing dissent in Russia and abroad, who have been involved in activities that threaten the territorial integrity of Ukraine, and who have been involved in human rights abuses in prison facilities and places of unofficial detention in Russia-controlled areas of the Donbas region of Ukraine,” the press release said.
The US State Department in coordination with the Treasury Department is also placing visa restrictions on 17 individuals allegedly responsible for undermining democracy in Belarus, the press release also said. The State Department is expected to soon release a statement with further details on the restrictions.