Additional banks, institutions, people, vessels, sanctioned by US on anniversary of Russian invasion of Ukraine

The US on February 24th 2023, the first anniversary of Russia’s invasion of Ukraine, imposed sanctions on numerous additional individuals and entities that the US has determined are engaged in sanctions evasion. Full

details can be found at https://home.treasury.gov/news/press-releases/jy1296 and at https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20230224

The following vessels have been added to OFAC’s SDN List relating to its action against Pola Rise aka Pola Raiz (see IMN March 2nd) “for operating or for having operated in the marine sector of the Russian Federation economy. Pola Raiz is a St Petersburg-based Russian shipping company involved in increasing Russia’s trade with Turkey and facilitating shipments of materials to Arctic construction sites”.

All vessels are general cargo ships, all Russia-flagged,

  • Aleksandr Sokolov (IMO 9889198), 6,305 gt, 2019-built,
  • Astrol-1 (IMO 9906544), 6,305 gt, 2020-built,
  • Pola Agata (IMO 9903841), 6,305 gt, 2020-built,
  • Pola Alexia (IMO 9903853), 6,305 gt, 2020-built,
  • Pola Anastasia (IMO 9897690), 6,305 gt, 2020-built,
  • Pola Anatolia (IMO 9851103), 6,266 gt, 2018-built,
  • Pola Anfisa (IMO 9851115), 6,266 gt, 2019-built,
  • Pola Dudinka (IMO 9190107), 12,949 gt, 2000-built,
  • Pola Feodosia (IMO 9849461), 6,266 gt, 2018 built,
  • Pola Filofeia (IMO 9849435), 6,266 gt, 2018-built,
  • Pola Fiva (IMO 9849473), 6,305 gt, 2018-built,
  • Pola Gali (IMO 9851127), 6,305 gt, 2021-built,
  • Pola Harita (IMO 9888792), 6,305 gt, 2019-built,
  • Pola Makaria (IMO 9849423), 6,266 gt, 2018-built,
  • Pola Maria (IMO 9897705), 6,305 gt, 2020-built,
  • Pola Marina (IMO 9903865), 6,305 gt, 2020-built,
  • Pola Miropia (IMO 9903877), 6,305 gt, 2020-built,
  • Pola Pelagia (IMO 9888807), 6,305 gt, 2019-built,
  • Pola Sevastiana (IMO 9691785), 5,686 gt, 2017-built,
  • Pola Sofia (IMO 9849459), 6,266 gt, 2018-built,
  • Pola Varvara (IMO 9903839), 6,305 gt, 2020-built,
  • Pola Yaroslava (IMO 9903827), 6,305 gt, 2020-built.

OFAC designated a number of Russian banks for operating or having operated in the financial services sector of the Russian Federation economy:

  • Credit Bank of Moscow Public Joint Stock Company
  • Joint Stock Company Commercial Bank Lanta Bank
  • Public Joint Stock Company Commercial Bank Metallurgical Investment Bank (Metallinvestbank)
  • Public Joint Stock Company MTS Bank
  • Novosibirsk Social Commercial Bank Levoberezhny Public Joint Company
  • Bank Saint-Petersburg Public Joint Stock Company
  • Joint Stock Commercial Bank Primorye
  • SDM-Bank Public Joint Stock Company
  • Public Joint Stock Company Ural Bank for Reconstruction and Development (UBRD)
  • Public Joint Stock Company Bank Uralsib
  • Bank Zenit Public Joint Stock Company

Targeted for “Russian Sanctions Evasion” were certain individuals:

  • Swiss-Italian businessman Walter Moretti
  • German national Markus Gerhard Mueller
  • Swiss national Ronald Eric Cosman
  • Swiss national Bruno Koller

Mueller, Cosman, Koller, and Switzerland-based Swisstec were designated for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Moretti.

“Moretti also used his UAE-based companies, Taerio Limited and Tamyna FZE, in his covert procurement schemes” the US Treasury stated.

That association directly or indirectly brought in Swiss Italian national Frederic Pierre Villa, plus Swiss nationals Hans-Peter Bomatter and Lutwin Schommer.

The Treasury designated Independent Insurance Group LTD (IIG) for operating or having operated in the defence and related materiel sector of the Russian Federation economy. IIG provides insurances services to companies in Russia’s defence sector.

Finally, Russian businessman Aleksandr Yevgenyevich Udodov, the former brother-in-law of Russian Prime Minister Mikhail Mishustin, has been linked to business dealings with Mishustin and Mishustin’s sister. Udodov has also been investigated for manipulating value-added tax revenues and money laundering.

As a result of the OFAC action all property and interests in property of the persons listed in the announcement who are in the US, or in the possession or control of US persons, are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, 50% or more by one or more blocked persons are also blocked.

https://britanniapandi.com/wp-content/uploads/2023/03/US-impose-further-sanctions-against-Russia-03-2022.pdf