OFAC DESIGNATES GLOBAL RUSSIAN MILITARY SUPPLY CHAIN, KREMLIN-LINKED NETWORKS, AND ELITES WITH WESTERN FORTUNES

On 14 November, OFAC announced that it had sanctioned a transnational network procuring technology that supports the Russian military-industrial complex. OFAC also designated a global network of financial facilitators, enablers, and others associated with 2 key Kremlin-linked elites whose fortunes are intertwined with the West.  In total, the actions designated 14 individuals and 28 entities, and identified 8 aircraft as blocked property.

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20221114

https://home.treasury.gov/news/press-releases/jy1102

 

https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: