Sanctions

A Manhattan federal jury found BNP Paribas liable for enabling genocide in Sudan under the Omar al-Bashir regime, raising speculation it could face a multibillion-dollar settlement, Bloomberg reported.

Three cargo vessels recently sanctioned by the EU for operating in Russia’s “shadow fleet” were quietly sold out of Syria’s state fleet in 2023 for $1 each to an offshore company in the Seychelles, according to new reporting by OCCRP and its Syrian partner SIRAJ. 

Britain imposed new sanctions Wednesday on Russia’s two largest oil producers, Rosneft and Lukoil, and 51 ships, including 44 “shadow fleet” tankers and seven LNG vessels, Reuters reported.

U.S. and UK authorities seized roughly $15 billion in Bitcoin and multiple London properties allegedly linked to a sprawling online fraud scheme based in Cambodia.

One of the world’s oldest marketplaces is doubling as a modern hub for sanctions evasion and large-scale money laundering, according to experts who spoke to The New York Post.

Spanish authorities have seized property linked to Nikolai Kolesov, the chief executive of state-owned Russian Helicopters, on suspicion of money laundering, according to an anti-corruption group founded by the late Alexei Navalny. 

The United States has removed former Paraguayan president Horacio Cartes from its sanctions list, a shift that comes amid warmer ties between the Trump administration and President Santiago Peña’s conservative government, Bloomberg reported.

The United States has imposed sanctions on the Russia-controlled Petroleum Industry of Serbia (NIS), prompting warnings from Serbian President Aleksandar Vučić of “unforeseeable” consequences for the Balkan nation ahead of winter, the Associated Press reported.

NIQ, the world’s largest consumer-data provider, has been conducting business in occupied Ukraine despite international sanctions against the Russian Federation, the Financial Times reported. 

The U.S. Supreme Court has declined to hear an appeal from Halkbank, leaving the lender to face criminal charges over allegations that it helped Iran evade sanctions and launder billions of dollars through the American financial system.