Usmanov was sanctioned last year in relation to Russia's invasion of Ukraine.
The Biden administration imposed fresh sanctions aimed at the financial network linked to Russian billionaire and business tycoon Alisher Usmanov.Replicas of WWII gun barrels stand on the Red Square for a military parade in Moscow on November 2, 2018.The Biden administration imposed fresh sanctions aimed at the financial network linked to Russian billionaire and business tycoon Alisher Usmanov.
Usmanov, one of Russia's wealthiest billionaires, was designated in March 2022 in the weeks after Moscow's full-scale invasion of Ukraine. "Today's action underscores our dedication to implementing the G7 commitment to impose severe costs on third-country actors who support Russia's war," he added.
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