US Department of the Treasury noted on February 1, 2023, that it has imposed sanctions against 12 legal entities and 10 individuals in various countries that help the Russian authorities evade Western sanctions and support the military-industrial complex of the Russian army.
Source: US Department of the Treasury
“Russia’s desperate attempts to utilize proxies to circumvent US sanctions demonstrate that sanctions have made it much harder and costlier for Russia’s military-industrial complex to re-supply Putin’s war machine,” informed the Deputy Secretary of the Treasury Wally Adeyemo.
Among those who have been sanctioned are arms dealer from Cyprus Igor Zimenkov, who heads the Russian network for evasion of sanctions; his son, Jonatan Zimenkov; a number of other individuals and companies, which the US Treasury considers to be part of the so-called “Zimenkov networks”, in particular the Singaporean company Asia Trading & Construction PTE Limited, as well as its director Serena Bee Lin Ng; the company Texel F.C.G. Technology 2100 Limited, which supplied electro-optical and infrared devices to the Russian Federation after the start of the full-scale Russian invasion of Ukraine in February 2022; Cypriot arms dealer Oleksandr Wolfovych, his sons and others.
See also: Ukraine is working with the USA on new sanctions against Russia
