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New OFAC sanctions target key funding sources

Photo: Getty Images

Thomas Hyrkiel

1 min read
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Sanctions evasion, including by those in third-countries, also targeted by the measures.

The OFAC has used the one year anniversary of Russia’s attack on the Ukraine as an opportunity to announce additional sanctions against 22 individuals and 83 entities involved in the metals and mining sector which, according to the OFAC news release, continues to be a key revenue source for Russia.

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