Vladimir Putin’s Daughters, Maria Vorontsova & Katerina Tikhonova, Targets Of U.S. Sanctions

In response to continuing atrocities unfolding in Ukraine after the invasion by Russia, President Joe Biden has announced a new round of sanctions against the invading country that targets a few key individuals, including the daughters and family members of Vladimir Putin and several other prominent Russian figures.

Since the U.S. government has theorized that Putin and other cronies may be hiding his assets among the accounts of his family, they expanded the reach of their sanctions to include his adult daughters Maria Vorontsova and Katerina Tikhonova. These are both Putin’s daughters from his ex-wife Lyudmila Shkrebneva Putina, who is also facing sanctions from the U.S. Like the hundreds of other Russians that have faced sanctions, they will now be unable to access any of their assets in America and are banned from participating in the U.S. financial system in any way.

As intended, the Biden Administration has been ramping up sanctions against Russia as it continues its deadly campaign in the country. Recently, the bodies of massacred civilians were found in the Ukrainian city of Bucha, and the city’s Mayor Anatoliy Fedoruk said Russian soldiers killed over three hundred innocent people.

Along with Putin’s daughters, about 20 other allies of Putin and members of the Russian Security Council were added to the U.S.’s list of sanctioned individuals. They are also going after Russia’s most central financial institutions, including Sberbank, a state-owned financial services company, and Alfa Bank, Russia’s largest private bank. Both companies have many subsidiaries that aren’t escaping sanctions either, and won’t be able to touch any funds based in America.

So far, the United Kingdom has also sanctioned Sberbank, along with Credit Bank of Moscow, and other European allies of the U.S. are expected to roll out coordinated sanctions of their own soon. These aggressive moves will continue to put pressure on Putin as his country’s coffers drain from their sudden reduced capacity to trade or pay off debts.