On 30 June, the US Treasury reported that OFAC had announced it has issued a Notification of Blocked Property to Heritage Trust, a Delaware-based trust in which OFAC-designated Russian oligarch Suleiman Abusaidovich Kerimov holds a property interest. As of 30 June, Heritage Trust holds assets valued at over $1 billion, and this action ensures that those assets remain blocked and inaccessible to Kerimov. Heritage Trust was formed in July 2017 for the purpose of holding and managing Kerimov’s US-based assets. It is said that enforcement investigation unearthed the oligarch’s use of a network of relatives, advisers, and opaque legal entities to invest in the US.
Any modest contributions for my time and ongoing expenses are welcomed! I have a page where you can do so, and where one-off contributions start as low as $3, at
NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!