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Weapons of Mass Destruction (WMD)

US Department of State

Exposing a Sanctions Evasion Scheme Connected to a Designated Russian Oligarch

US Department of State

Press Statement
Office of the Spokesperson
May 14, 2024

The United States is today designating one Russian individual and three Russia-based companies involved in an attempted sanctions evasion scheme connected to Russian oligarch Oleg Vladimirovich Deripaska, who was previously sanctioned by the United States, Australia, Canada, the European Union, New Zealand, and the United Kingdom.

Today's action reaffirms our commitment to countering attempts to circumvent international sanctions and export controls. We will continue to protect the international financial system and take action against actors inside and outside of Russia who facilitate sanctions evasion.

The Department of the Treasury actions were taken pursuant to Executive Order 14024, as amended by Executive Order 14114. For more information on today's action, see Treasury's press release.



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