Russia's Elite Denounces US 'Putin' List

Buhari watching th Super Eagles play

Buhari watching th Super Eagles play

The Treasury Department submitted the list to Congress to comply with the Countering America's Adversaries through Sanctions Act of 2017, but the copy-paste nature of the list suggests that the Trump administration did not take its charge very seriously.

"In the near future, you'll see additional sanctions", Mnuchin said during Senate testimony.

The unnamed official argued that not everything is about the "dollar figure", and added that "It also can include things like significant adverse impact to national - United States national security".

Alexei Navalny, the opposition leader who has been barred from competing in the presidential elections, was among those cheering the "Putin list" as a positive development.

The list's release was likely to at least partially defuse the disappointment from some lawmakers that Trump's administration opted against targeting anyone with new Russian Federation sanctions that took effect Monday.

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But the Russian leader said he still wanted to improve ties with the United States and would refrain from any immediate retaliation.

Putin was asked about the issue during a campaign meeting with supporters, one of whom asked what he would have to do to join the list, to audience laughter. The latter tweeted: "I believe the people behind the list don't understand the meaning of the word "oligarch" otherwise wouldn't include me and other successful businessmen with no ties to the government".

The US Treasury confirmed to Forbes it had used the magazine's figures on Russia's wealthiest business people when drawing up the list.

The EU spokesperson highlighted that the U.S. document "states explicitly that it is not a sanctions list", but the spokesperson added: "That said, all of the EU's sanctions regimes remain under constant review".

"We hope that the U.S. Administration will continue to take strong steps in supporting Ukraine's sovereignty and territorial integrity, including those envisaged by the CAATSA", the Embassy said on its Facebook page on January 30. That information, he acknowledged, could be in the classified version of the list.

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The Russians, said Pomeranz, view this as being on the same level as the sanctions levied against them after Russia seized Crimea in 2014, "when we put in sanctions and we listed a few people and thought somehow that was going to have an impact or deter something", he said.

The law calls for the list to categorize "indices of corruption", listing political and business figures by "their closeness to the Russian regime and their net worth", including the assets they hold outside Russia.

State Department officials said the threat of sanctions had been deterrent enough, and that "sanctions on specific entities or individuals will not need to be imposed". "We are not going to look for trouble, (and) aggravate relations", he said.

Drafted on the basis of the USA legislation six months ago, the "Kremlin report" also has classified annexes, which include individuals with a lower official position or with a net worth below 1 billion dollars, as well as companies with state ownership of at least 25 percent and with 2016 revenues of 2 billion dollars or more.

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