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OFAC Enforcement Action: Haverly Systems

Interesting case: Haverly settled two Apparent Violations of the Ukraine Related Sanctions Regulations (the first under this program) for $75,375, knocked down from a base penalty of $125,000 (and a maximum of $590,282). The violations were not self-reported, but were non-egregious. The practical upshot is that Haverly invoiced Rosneft (on […]

Back up the truck: Russian oligarch assets get frozen (among other things)

Today, OFAC added the following persons:  AKIMOV, Andrey Igorevich, Russia; DOB 1953; POB Leningrad, Russia; Gender Male; Chairman of the Management Board of Gazprombank (individual) [UKRAINE-EO13661].    BOGDANOV, Vladimir Leonidovich, Russia; DOB 28 May 1951; POB Suyerka, Uporovsky District, Tyumen Region, Russian Federation; Gender Male (individual) [UKRAINE-EO13662].    DERIPASKA, Oleg […]

January 26, 2018: While the President’s away…

While President Trump was in Davos at the World Economic Forum on Friday, OFAC, under the Russia/Ukraine-related sanctions program, added the following persons:  ABRAMOV, Valeri Vyacheslavovich (a.k.a. ABRAMOV, Valerii Vyacheslavovich), St. Petersburg, Russia; 133, ul. Chernyshevskogo, Vologda, Vologodskaya Obl 160019, Russia; 122 Grazhdanskiy Prospect, Suite 5, Liter A, St. Petersburg […]