Moscow
Russian President Vladimir Putin called the list, which includes 114 government officials and 96 business executives, a “hostile act” that would harm U.S.-Russian relations, but added that Russia did not have plans to retaliate.
The list, submitted to Congress under the Countering America’s Adversaries Through Sanctions Act of 2017, was highly anticipated in Russia. Some wealthy business executives were reported to have hired lobbyists in Washington to stay off the list or to have applied for foreign passports to sidestep possible sanctions.
In the end, the list appeared to be copy-pasted from two sources widely available to the public: the Forbes rankings of the wealthiest Russians and the Kremlin directory of officials available on its English-language website. The 96 business executives listed by the Treasury Department are the same as those indicated to have a net worth of more than $1 billion, according to Forbes.
“One does not have to be very smart to make this list,” Mikhail Fedotov, the head of the Kremlin Human Rights Council, told the news agency Interfax.
He also was on the list. “It would suffice to visit the Kremlin website and take a look at the names of the administration heads, presidential advisers, presidential aides, etc. This is not a great piece of work,” he said.
There also is a classified section of the Treasury report that was not released to the public.
In emailed remarks, a Treasury Department spokesman said the unclassified portion of the report “was derived from open sources, including Russian sources, such as kremlin.ru, Forbes, and others.” Since there is no definition of an oligarch, the spokesman said, $1 billion was chosen as “a reasonable number, which is the criteria contained in the U.S. Forbes list of Russian individuals with a net worth of at least $1 billion.”
He said that the Treasury Department would not comment on the classified portion of the list, which draws attention “to certain other individuals who we deemed to be significant, but about which classified information was necessary to explain their role and activities.”
