November 21, 2024
The US Treasury has imposed sanctions against dozens of Russian banks, including Gazprombank thumbnail
UKRAINIAN NEWS

The US Treasury has imposed sanctions against dozens of Russian banks, including Gazprombank

“These large-scale actions will make it difficult for the Kremlin to evade US sanctions, as well as to finance and equip its army” – Yellen”, — write: www.radiosvoboda.org

The US Department of the Treasury 21 introduced a new package of sanctions against individuals and legal entities in the Russian banking sector as part of the fulfillment of commitments made by G7 leaders to limit Russia’s use of the international financial system to continue its war against Ukraine, the department’s website says.

Gazprombank, more than 50 Russian banks connected to the international financial system, more than 40 Russian registrars of securities and 15 Russian financial officials were included in the sanctions list.

“Today’s sanctions against Russia’s largest unsanctioned bank, as well as dozens of other financial institutions and officials in Russia, will further weaken the Russian military machine. These large-scale actions will make it difficult for the Kremlin to evade US sanctions, as well as to finance and equip its military,” said US Treasury Secretary Janet Yellen.

The Office of Foreign Assets Control identified Gazprombank Joint Stock Company along with its six foreign subsidiaries as a channel through which Russia procures military equipment for waging war against Ukraine. The Russian government also uses Gazprombank to pay its soldiers, including combat bonuses, as well as to pay compensation to the families of Russian soldiers who died during the war against Ukraine, the report said.

In addition to Gazprombank, BKS Bank and DOM. RF”, “Brother People’s Bank”, “Kremliovsky” bank, “Tsentrokredit” bank and a number of other credit organizations.

In total, the US has imposed sanctions against more than 50 small and medium-sized Russian banks that the Russian Federation uses to pay for technology and equipment imports.

Among the natural persons sanctioned were the first deputy heads of the Central Bank of the Russian Federation, Volodymyr Chistyuhin and Dmytro Tulin, and the head of the National Payment System Department of the Central Bank, Alla Bakina.

In total, more than 300 individuals and organizations in Russia and other countries of the world have been sanctioned by the US Treasury. The US State Department has imposed sanctions against more than 100 legal entities and individuals involved in the development of Russia’s export potential

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