‘Oligarchy list’ could potentially damage image and goodwill of Russian businesses and firms

Russian stocks have largely shrugged off the risks of new U.S. sanctions which center around this list.

On Tuesday, Kremlin’s spokesman Dmitry Peskov stated that with Washington choosing to place people close to the Kremlin as part of an ‘oligarchy list’ may potentially damage the goodwill and image of Russian firms and businesses.

Placing the firms and officials on the list essentially labels them as de facto enemy of the United States, said Peskov.

The U.S. Department of Treasury has named major Russian businessmen, including the heads of two of its biggest banks, the boss of the state gas monopoly as well as metals magnates on a list of oligarchs close to the Kremlin.

“Publication of such a wide list of everything and everyone could potentially damage the image and reputation of our firms, our businessmen, our politicians, and of members of the leadership,” said Peskov.

Terming the report as unprecedented, Peskov said Russia would analyze it further before drawing further conclusions.


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