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The Trump administration imposed new sanctions on seven of Russia’s richest men and 17 top government officials on Friday. This appears to be an effort to punish President Vladimir V. Putin’s inner circle for interference in the 2016 election and other Russian aggressions.

The sanctions are designed to penalize some of Russia’s richest people, who are seen in the West as enriching themselves from Mr. Putin’s authoritarian administration.

“The Russian government operates for the disproportionate benefit of oligarchs and government elites,” said Treasury Secretary Steven Mnuchin. “Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government’s destabilizing activities.”

Among those sanctioned are Oleg V. Deripaska, an oligarch who once had close ties to Mr. Trump’s former campaign manager, Paul Manafort.

Also sanctioned was Suleiman Kerimov — a financier close to Mr. Putin; Vladimir Bogdanov, a top executive of Surgutneftegaz, a Russian oil company; Igor Rotenberg, another oil executive; Kirill Shamalov, an energy executive who married Mr. Putin’s daughter, Katerina Tikhonova; Andrei Skoch, a deputy of the Russian Federation’s State Duma; and Viktor Vekselberg, chairman of the Renova Group, a Russian investment firm.

Friday’s sanctions could be particularly painful for Mr. Putin’s regime. While Russia’s oligarchs make nearly all of their money in Russia, many stash their families, lovers and much of their wealth in places like London, New York and Miami.

Source: Trump Administration Imposes New Sanctions on Putin Cronies – The New York Times

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