Ask HN: Why not target the Russian oligarchs?
7 comments
Russia isn't a plutocracy – the rich don't run the country. It's an oligarchy: the money and power are Putin's and those to whom he distributes them answer to him. Sanctions are easy but ineffective; seizure of real estate in London and New York, and yachts in ports all over the world, and numbered accounts in shadow banks – all held by many layers of shell companies, traceable to oligarchs but all really Putin's – is much harder. But that's what's needed.
There are sanctions against them too. That said, I don’t know what to feel about these dudes - there are reports that Putin has taken the oligarchs with him to the Urals, to prevent them from escaping and leaving Russia.
It is amazing how much harm a psycho can cause…
It is amazing how much harm a psycho can cause…
They are via swift
el_ravager(1)
[deleted]
There are sanctions specifically against those people. https://www.cnbc.com/2022/02/26/here-are-the-russian-oligarc...
https://en.m.wikipedia.org/wiki/Russian_oligarch
Look at the Putin section.