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US uncovers global sanctions evasion network helping Russia’s defense sector
The U.S. Department of the Treasury’s Office of Foreign Assets Control said on Feb. 1 that it had uncovered a sanctions evasion network helping Russia's defense sector.
The U.S. imposed blocking sanctions against 22 individuals and entities across multiple countries involved in the network. Its members supplied Russia with high-tech devices after Feb. 24, despite sanctions banning such exports, according to the Treasury.
The network is headed by the Russian-Cypriot arms dealer Igor Zimenkov, the Treasury said.
Zimenkov and his son Jonathan also allegedly participated in numerous deals selling Russian cyber security equipment and helicopters abroad. The two have engaged directly with sanctioned Russian state-owned enterprise Rosoboroneksport potential clients to enable sales of Russian defense products, the Treasury reported.