The Treasury Department also announced Wednesday it is placing sanctions on 15 members of the GRU, a Russian military intelligence organization that attempted to interfere in the 2016 USA election and assassinate a former Russian spy in the United Kingdom.
Alexander Petrov and Ruslan Boshirov, two GRU agents, who allegedly took part in the attempted assassination of Sergei Skripal in the United Kingdom, were also among the sanctioned.
The sanctions were announced against entities tied to "Project Lakhta", which Treasury said was part of an effort tied to the infamous Internet Research Agency and a slew of current and former members of the GRU, the Russian intelligence service, for trying to influence the 2016 United States presidential election. The nine officers have already been indicted in connection with Special Counsel Robert Mueller's investigation into Russian interference in the 2016 presidential election.
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Treasury also sanction four current and former GRU officers for their alleged roles in hacking the World Anti-Doping Agency, the Organization for the Prohibition of Chemical Weapons and other global bodies.
Congress can block the lifting of sanctions, otherwise, they will take effect in 30 days, the Treasury Department said in a statement Wednesday.
Deripaska will remain under sanctions, the Treasury said.
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"Treasury sanctioned these companies due to their ownership and control by sanctioned Russian oligarch Oleg Deripaska, not for the conduct of the companies themselves", Treasury Secretary Steven Mnuchin said in a statement.
"The United States will continue to work with worldwide allies and partners to take collective action to deter and defend against sustained malign activity by Russian Federation, its proxies, and intelligence agencies", Treasury Secretary Steven Mnuchin said in a statement. Boyarkin is a former intelligence officer who reports directly to Deripaska and helped provide "Russian financial support" to a Montenegrin political party ahead of elections in Montenegro in 2016, Treasury's statement said.
The US Treasury will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminium giant Rusal and its parent En+, watering down the toughest penalties imposed since Moscow's 2014 annexation of Crimea.
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"The companies will be subject to ongoing compliance and will face severe consequences if they fail to comply", Mnuchin said in a statement.