Sanctions on Russian Tycoons Questioned for Efficacy

Experts suggest alternative approaches as current sanctions fail to significantly aid Ukraine.

Western governments have sanctioned scores of Russian billionaires in an attempt to isolate Russian President Vladimir Putin and choke off financial support for his war.
Since the sanctions were imposed, only $5.4 million of an estimated $58 billion in frozen private assets has been directed to Ukraine.
Sanctions have made life difficult for the tycoons, but experts argue they are not benefiting Ukraine in the short term.
Some experts suggest a different approach is needed, such as offering tycoons a clearly defined route off sanctions lists in exchange for cash and condemning Putin.
Ukraine does not support sanctions relief of any kind on tycoons and would accept it only in circumstances where a significant part of their assets are transferred for reconstruction.