Sanctions Revive Search For Secret Putin Fortune -- Globe and Mail/New York Times
When the Obama administration imposed sanctions on individual Russians last month in response to Moscow’s armed intervention in Ukraine, one of the targets was a longtime part-owner of a commodities trading company called the Gunvor Group.
His name, Gennady N. Timchenko, meant little to most Americans, but buried in the U.S. Treasury Department announcement were a dozen words that President Barack Obama and his team knew would not escape the attention of Russia’s president, Vladimir Putin. “Putin,” the statement said, “has investments in Gunvor and may have access to Gunvor funds.”
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My Comment: I have never been a "fan" of Putin .... but if the U.S. moves against Putin's wealth and the wealth of the oligarchs who are his friends .... prepare for some very serious blow-back. This is an incredibly dangerous strategy that the White House is pursuing .... they better be aware of the consequences.