The United States added companies from Russia and Kazakhstan to the SDN list due to sanctions against the DPRK

The Office of Foreign Assets Control of the US Department of the Treasury (OFAC) has added organizations from Russia, Kazakhstan and Slovakia to the SDN list in connection with sanctions against the Democratic People’s Republic of Korea (DPRK). About it says in the control message.

In particular, the Russian Verus LLC, registered in Moscow, was included in the list. In management documents, the company is also referred to as Verus consulting group.

In addition, Kazakhstan’s Defense Engineering LLP and Versor from Slovakia were sanctioned. From the OFAC report, it follows that the restrictions against them were introduced on the basis of the provisions on sanctions against the DPRK. There is also a note about the connection of all organizations with Ashot Mkrtychev, a citizen of Slovakia, who is also under sanctions due to ties with the DPRK.

Lebanese citizen Zuhair Nala and the Lebanese Association for the Protection and Development of Forests, Environment and Animal Wealth (Greens Without Borders) also got on the SDN list in connection with sanctions against the Hezbollah military organization. The explanation from the US Treasury discloses the reasons for the listing of the Lebanese organization and Nala, but does not explain the restrictions in connection with the sanctions against North Korea.

The US Treasury replenishes the sanctions register regularly. August 11 OFAC contributed to the SDN list of entrepreneurs and founders of Alfa Group Petr Aven and Mikhail Fridman, as well as German Khan and Alexei Kuzmichev. In addition to businessmen, the United States also imposed sanctions against the Russian Union of Industrialists and Entrepreneurs (RSPP).

Being on the SDN list involves blocking all property of persons located in the United States, as well as organizations in which they directly or indirectly own in the amount of 50% or more. All transactions relating to any property or interests of these persons are prohibited unless specifically licensed by OFAC.