The investigative project uncovered more than 150 assets worth about $17 billion combined, including property, private planes, company stock, yachts, mansions and more. Journalists discovered these…
An Italian Finance Police car is parked in front of the yacht “Lady M”, owned by Russian oligarch Alexei Mordashov, docked at Imperia’s harbor, Italy, Saturday, March 5, 2022., a database to track the assets of prominent Russians who have links to Vladimir Putin.
The investigative project uncovered more than 150 assets worth about $17 billion combined, including property, private planes, company stock, yachts, mansions and more. Journalists discovered these assets by combing through land records, corporate registries and offshore leaks. That system has been under fresh scrutiny since Putin’s invasion of Ukraine, as Western governments have sought to freeze Putin and the oligarchs’ overseas assets — and prevent them from traveling. The goal is two-pronged: Sanctions act as both a punishment for Russia’s ruling class and a cudgel to try to force Putin to back down.
Just three weeks after the invasion, “27 of those individuals are subject to sanctions in the US and Europe. A further seven have been blacklisted in Canada,” the Guardian wrote.
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