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USA Imposes Sanctions Putin's Allies for Carrying out "Malign Activity" Worldover

  • The United States of America has imposed sanctions on 12 companies that are owned by 7 Russian Oligarchs. In addition, sanctions are imposed on 17 Russian senior government officials, a bank, and state arms exporter on accusation of carrying on maligning activity across the globe. US Treasury Secretary Steven Mnuchin told media that the penalties are imposed against those that are making profits from the “corrupt system” of Russia. In a statement, Mnuchin also reasoned that the sanctions are the direct fallout of Russia’s activities in Syria, eastern Ukraine, and Crimea. He went on to say that Putin’s government works disproportionately in favour of oligarchs and carries on “malicious” cyber-activities.