The oligarchs sanctioned by the State Department Tuesday are Andrey Igorevich Melnichenko, Alexander Anatolevich Ponomarenko and Dmitry Aleksandrovich Pumpyanskiy. The yacht Axioma was identified as blocked property in which Pumpyanskiy has an interest, the State Department said in a fact sheet. The US Treasury Department on Tuesday identified the yacht Alfa Nero, reportedly owned by AG Guryev, as blocked property. According to the Treasury Department, "JSC PPIT attempted to facilitate the circumvention of sanctions imposed on the Russian Direct Investment Fund (RDIF)." "MMK is one of Russia’s largest taxpayers, providing a substantial source of revenue to the Government of the Russian Federation," the Treasury Department said.

Source: CNN August 02, 2022 19:18 UTC