US Imposes Cyber-Related Sanctions On 2 Russian Entities, 2 Russian Individuals - Treasury

The United States has imposed new sanctions on two Russian individuals and two entities over what is says are Russian attempts to circumvent other sanctions, the Treasury Department announced in a press release on Tuesday.

WASHINGTON (UrduPoint News / Sputnik - 21st August, 2018) The United States has imposed new sanctions on two Russian individuals and two entities over what is says are Russian attempts to circumvent other sanctions, the Treasury Department announced in a press release on Tuesday.

"Today, the US Department of the Treasurys Office of Foreign Assets Control (OFAC) is targeting Russian actors efforts to circumvent US sanctions," the release said.

The Treasury designated two entities - Vela-Marine Ltd, based in Saint Petersburg and Lacno S.R.O in Slovakia - along with two individuals, Marina Igorevna Tsareva and Anton Aleksandrovich Nagibin.

Both entities and individuals took action to help Divetechnoservices, a Russian entity that was previously designated for procuring underwater equipment and diving systems for Russian government agencies, the Treasury said, including the Federal Security Service.

The Treasury Department is disrupting Russian efforts to circumvent our sanctions, Treasury Secretary Steven Mnuchin said in the release. Todays action against these deceptive actors is critical to ensure that the public is aware of the tactics undertaken by designated parties and that these actors remain blocked from the US financial system.

As a result of the Treasury's designation, all US persons will be prohibited in engaging in any transactions with the targeted individuals and entitites, the release said.