Wednesday, May 18, 2022
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US sanctions 8 Sberbank and 27 Gazprombank executives

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EDITOR'S CHOICE

The United States has decided to impose sanctions on eight top executives of Russia’s Sberbank, 27 executives of Gazprombank, and on Moscow Industrial Bank and ten its subsidiaries, the White House said in a Fact Sheet released on Sunday over the United States and the European Union’s plans to impose additional restrictions against Russia.

“The United States also sanctioned eight executives from Sberbank-the largest financial institution in Russia and uniquely important to the Russian economy, holding about a third of all bank assets in Russia; twenty-seven executives from Gazprombank – a prominent Russian bank facilitating business by Russia’s Gazprom, one of the largest natural gas exporters in the world; and Moscow Industrial Bank and its ten subsidiaries,” it reads.

The United States has decided to sanction three Russia’s biggest television stations – Channel One Russia, Rossiya-1, and NTV, the White House said.

“The United States will sanction three of Russia’s most highly-viewed directly or indirectly state-controlled television stations in Russia – Joint Stock Company Channel One Russia, Television Station Russia-1, and Joint Stock Company NTV Broadcasting Company. All three stations have been among the largest recipients of foreign revenue, which feeds back to the Russian State’s revenue,” it reads.

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