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The Guardian: US blocks a local company with links to Russian oligarch Kerimov.

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The U.S. Treasure Department on June 30 blocked a Delaware based comapny Heritage Trust worth over $1 billion. The company is linked to Russian oligarch Suleiman Kerimov who has ties to Russian dictarot Vladimir Putin. It was used to bring money into the U.S. through shell companies and under-the-radar foundations established in Europe, Treasury Department officials said.

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The Kyiv Independent news desk

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Such actions are "not indicative of a broader shift in the U.S. Russia policy," a U.S. Treasury spokesperson told the Kyiv Independent, adding that OFAC regularly updates its sanctions list by adding or removing individuals and entities.

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