Putin's Banker Yuri Kovalchuk, Oligarchs and Close Friends on US Sanctions Hitlist

March 20, 2014 3:51 PM

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Putin's Banker Yuri Kovalchuk, Oligarchs and Close Friends on US Sanctions Hitlist

Sanctions against 20 Russian officials and "cronies who held significant resources" have targeted President Vladimir Putin's inner circle and a bank as the US turns up the heat in protest at Russia's invasion and annexation of Crimea.

Among those targeted are billionaire allies, friends, Kremlin ideologues and close confidants of Putin since 1993. The list includes Putin's chief of staff Sergey Ivanov, banker Yuri Kovalchuk and lifetime friends.

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