Published September 19,2024
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The U.S. introduced sanctions Thursday on 5 organizations and one particular person for his or her alleged involvement in facilitating funds between Russia and North Korea in help of Moscow’s battle in Ukraine and North Korea’s weapons applications.
“Today’s action holds accountable parties that have assisted DPRK and Russian sanctions evasion and demonstrates Treasury’s commitment to exposing and disrupting networks that facilitate the funding of the DPRK’s unlawful weapons of mass destruction (WMD) and ballistic missile programs and support Russia’s illegal war against Ukraine,” the Treasury Department stated in an announcement.
State Department spokesman Matthew Miller stated in a separate assertion that “growing financial cooperation” between Russia and North Korea threatens worldwide safety and the worldwide monetary system.
“Russia has become increasingly dependent on the DPRK (North Korea) as it faces mounting battlefield losses and increasing international isolation,” stated Miller.
The designated entities embrace the Central Bank of Russia, MRB Bank, primarily based in Georgia’s South Ossetia area, and a number of other related Russian and South Ossetian monetary establishments, in addition to people like Dmitry Yuryevich Nikulin, who was allegedly concerned in managing transactions for North Korean entities.
There had been no speedy feedback from Russia or North Korea.
Source: www.anews.com.tr