22:58 GMT +315 December 2017
Listen Live
    Four more Russian nationals have been sanctioned by Washington under the Magnitsky Act, the US State Department said

    US Sanctions Five Additional Russian Nationals Under Magnitsky Act

    © Sputnik/
    Politics
    Get short URL
    6312

    The US government has added five Russian individuals to the list of people sanctioned on the basis of the so-called Magnitsky Act, the US Department of the Treasury said in a press release on Monday.

    WASHINGTON (Sputnik) — All assets of the sanctioned individuals and entities that are located in the United States or in the possession or control of US persons are frozen, according to the Treasury. Moreover, US nationals are prohibited from engaging in transactions with them.

    "The following individuals have been added to OFAC's [Office of Foreign Assets Control] SDN [Specially Designated Nationals] List," the Treasury Department stated, listing Aleksey Anichin, Yevgeni Antonov, Boris Kibis, Pavel Lapshov and Oleg Urzhumtsev.

    The Magnitsky Act allowed the Treasury to apply sanctions on dozens of Russian officials believed to be responsible for the death of Sergei Magnitsky in pre-trial detention.  Magnitsky was a Russian lawyer who alleged official corruption at the highest levels of government.

    On Monday, the US State Department submitted to Congress the third annual report on the government’s actions to implement the Magnitsky Act. The document includes the list of 39 individuals, sanctioned up to date.

    "Persons on this list are ineligible for visas and to be admitted to the United States," the State Department added.

    Sergei Magnitsky, a Moscow lawyer and legal consultant for the London-based Hermitage Capital Management investment fund, was detained in 2008 on suspicion of involvement in a tax evasion scheme. Less than a year later, Magnitsky died of heart failure while still in custody. An official investigation closed the criminal case into the death of the lawyer, citing lack of criminal evidence.

    Related:

    Nord Stream-2 Will 'Undermine EU Sanctions Regime' Against Russia
    Montenegro’s Support of Anti-Russian Sanctions 'Harms Bilateral Relations'
    Montenegro's Opposition to Scrap Anti-Russia Sanctions After Gaining Power
    Zarif: Iran's Ties With China, Russia Strengthened By Years of Sanctions
    EU Could Discuss Lifting of Anti-Russia Sanctions in June - Italian FM
    US Treasury Sanctions Hezbollah Financial Support Network
    N Korea Sanctions Bill Sets Precedent for Future Cyber Sanctions - Senator
    Tags:
    anti-Russian sanctions, US Specially Designated Nationals (SDN) list, Magnitsky Act, Treasury Department's Office of Foreign Assets Control
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment