U.S. blocks trust where sanctioned Russian oligarch Kerimov held property interest
- Country:
- United States
The U.S. Treasury Department has blocked a trust where sanctioned Russian oligarch Suleiman Kerimov held a property interest, it said on Thursday.
"The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced it has issued a Notification of Blocked Property to Heritage Trust, a Delaware-based trust in which OFAC-designated Russian oligarch Suleiman Abusaidovich Kerimov holds a property interest," the Treasury Department said in a statement, adding that the trust held assets valued at over $1 billion as of Thursday.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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