US imposes sanctions on Russia's Direct Investment Fund

US imposes sanctions on Russia's Direct Investment Fund The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a key Russian sovereign wealth fund, the Russian Direct Investment Fund (RDIF), with exposure to the United States financial system and its Chief Executive Officer (CEO
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February 28, 2022 17:45
US imposes sanctions on Russia's Direct Investment Fund

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a key Russian sovereign wealth fund, the Russian Direct Investment Fund (RDIF), with exposure to the United States financial system and its Chief Executive Officer (CEO), Kirill Dmitriev – a known Putin ally, Report informs.

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