The United States has announced the designation of one Russian individual and three Russia-based companies involved in an alleged sanctions evasion scheme. This scheme is reportedly connected to Russian oligarch Oleg Vladimirovich Deripaska, who was previously sanctioned by the United States, Australia, Canada, the European Union, New Zealand, and the United Kingdom.
This move underscores the U.S.'s commitment to counter attempts to circumvent international sanctions and export controls. The U.S. government maintains its resolve to protect the international financial system and take action against actors inside and outside of Russia who facilitate sanctions evasion.
The Department of the Treasury executed these actions pursuant to Executive Order 14024, as amended by Executive Order 14114. For more information on today's action, refer to the Treasury's press release.
