U.S. sanctions 6 Russia-flagged vessels, 4 companies & 2 individuals - treasury

Lloyd Doyle
August 22, 2018

The US Treasury has imposed fresh sanctions against Russian actors in connection with the Kremlin's aggressive cyber attacks.

The Treasury Department sanctioned two Russian entities for aiding another Russian company, called Divetechnoservices, that was sanctioned in June for providing underwater equipment and diving systems to Russia's domestic security service, the FSB. They are accused of acting for or on behalf of Divetechnoservices to help the company circumvent United States sanctions.

"Absolutely. You will continue without a doubt to see more from this administration", Sigal Mandelker, US Treasury Under Secretary for Terrorism and Financial Intelligence told a Senate hearing when asked if more sanctions were forthcoming.

The Obama administration sanctioned the FSB in December 2016, citing the Russian government's aggressive harassment of United States officials and cyber operations aimed at the 2016 U.S. presidential election.

The Trump administration has at times been criticized for not doing enough to penalize Moscow for meddling in the election, as President TrumpDonald John TrumpTrump threatens ex-intel official's clearance, citing comments on CNN Protesters topple Confederate monument on UNC campus Man wanted for threatening to shoot Trump spotted in Maryland MORE has sought to build better relations with Russian Federation.

Mandelker said the sanctions have had a hefty impact on the Russian economy, cutting foreign investment and slashing the wealth of the billionaire oligarchs close to Putin.

The sanctions freeze any of the companies' assets in USA jurisdiction and severely restrict their access to the global financial system.

The ships - and two Vladivostok-based shipping companies - violated US and United Nations sanctions on North Korea, the Treasury Department said Tuesday in announcing the sanctions on its website.

The penalties have been imposed over the Russian companies' alleged involvement in the banned ship-to-ship transfer of refined petroleum products to North Korea-flagged vessels.

Other reports by Iphone Fresh

Discuss This Article