Kremlin Sanctions List Includes 4 US Lawmakers Linked to Russian Companies

4 members of Congress who’re amongst a whole bunch of lawmakers focused in retaliatory sanctions by Russia had been beforehand named in a report detailing their stakes in Russian corporations.

Reps Josh Gottheimer [D-NJ], Ro Khanna [D-CA], Peter Meijer [R-MI] and Susie Lee [D-NV] have been included within the Russian Overseas Ministry’s record of 398 members of the Home of Representatives who’re being hit with “mirror” sanctions.

Russia stated the transfer was in response to the newest “wave” of sanctions introduced on by President Joe Biden in response to the nation’s invasion of Ukraine in late February.

On March 24, Biden issued sanctions towards 328 members of Russia’s legislative physique, the Duma, in addition to Duma itself.

The information of the sanctions from Russia, which doesn’t point out any wrongdoing, arrived after Gottheimer, Meijer, Lee and Khanna featured in an Insider report noting how they, or their spouses, had invested cash in Russian corporations.

The report printed March 1 notes the members of Congress weren’t doing something unlawful by investing in public corporations, and others had even bought their belongings.

However, it could possibly be seen as a battle of curiosity given the U.S. lately started issuing sanctions towards Russia, and Congress is trying into banning lawmakers from buying and selling particular person shares.

Gottheimer owns up to $30,000 price of American depository receipts in Russian fossil gas firm Lukoil, and bought $15,000 of receipts as lately as February 2021, in accordance to submitting of his funds.

Gottheimer additionally owns up to $15,000 price of inventory in Yandex, a Russian web providers firm, and reported that he earned up to $2,500 in capital positive factors from the inventory in 2020, in accordance to federal filings.

In a press release, Gottheimer spokesperson Chris D’Aloia stated the congressman turned over administration of his portfolio to a 3rd occasion after he took workplace and presently solely receives statements of prior transactions.

“All decisions related to buying and selling of securities are done so without Josh’s approval,” D’Aloia added.

Meijer additionally reported proudly owning up to $15,000 in Yandex shares in 2020 as a part of belongings linked to a belief held by his household’s grocery retailer enterprise.

Meijer stated that he bought all his shares, together with his shares in Yandex, in early 2021.

Elsewhere, the spouse of rep. Khanna, Ritu Khanna, was additionally discovered to have bought up to $15,000 of Yandex inventory in January 2022.

Marie Baldassarre, Khanna’s spokesperson, stated the inventory is a part of Ritu Khanna’s household belief which was arrange earlier than they obtained married and managed by a 3rd occasion.

“Congressman Khanna doesn’t commerce in any shares, and he helps a ban on inventory buying and selling that applies additionally to spouses,” Baldassarre stated.

In 2021, rep. Lee disclosed that her husband, whom she is now not in a relationship with, additionally owned up to $200,000 price of shares in two Russian trade traded funds—VanEck Russia ETF and iShares MSCI Russia ETF.

Rep. Lee’s stated in a press release that these investments had been in members of the family’ accounts, which included her estranged husband’s, and had been bought two years in the past.

“The family currently has no investments in these funds,” Lee spokesperson Zoe Sheppard stated.

(*4*)russia sanctions congress
Reps. Josh Gottheimer (D-NJ) and Peter Meijer (R-MI) had been each named in a report detailing how they invested in Russian corporations.
Kevin Dietsch/ Drew Angerer/Getty Photos

It’s unclear if the members have retained their inventory, or made another investments associated to Russian corporations.

Newsweek has contacted all 4 for remark.

Elsewhere, a number of the lawmakers have reacted to the information that they’ve been sanctioned by Russia with glee.

“I take it as a compliment to be sanctioned by war criminal Putin + his cronies,” Gottemheimer tweeted.

Meijer added: “Apparently I just got sanctioned by Putin for our work supporting Ukraine. I guess my [House Committee on Foreign Affairs] bill to expand US sanctions against all Russian Duma officials struck a nerve!”

Supply hyperlink

Leave a Reply

Your email address will not be published.