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INTERNATIONAL > Ukraine Crisis

U.S. freezes assets of 21 entities, 13 individuals to crackdown on Russia’s sanctions evasion

  • April 1, 2022
  • , NHK
  • JMH Summary

NHK reported that the Department of the Treasury released a statement on Thursday saying that it is designating 21 entities and 13 individuals as part of its crackdown on Russia’s sanctions evasion networks and technology companies, which are instrumental to Russia’s war machine. According to the statement, the 21 entities include Moscow-based companies that work to illicitly procure dual-use equipment and technology for Russia’s defense sector and its largest chipmaker. The network said that the latest sanction will enhance the effectiveness of the United States’ designation on March 24 of dozens of companies in Russia’s defense-industrial base that are directly supporting the Russian invasion of Ukraine. The broadcaster quoted Secretary of State Blinken as saying in a statement: “We will continue to target President Putin’s war machine with sanctions from every angle, until this senseless war of choice is over.”

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