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US sanctions gold companies suspected of supporting Wagner mercenaries in Russia
US sanctions gold companies suspected of supporting Wagner mercenaries in Russia
The United States moved on Tuesday to punish companies accused of doing business with the infamous Russian mercenary army known as the Wagner Group, following the group’s insurrection attempt within Russia’s borders. The move is not thought to be specifically related to the coup, however, instead being a response to Wagner’s participation in some of the bloodiest fighting taking place within Ukraine, where Russian forces launched a full-scale invasion last year. A statement from the Treasury Department faulted companies in Africa and the Middle East for participating in a gold-selling scheme in violation of US sanctions to fund the Wagner Group’s ongoing activities. One executive at Wagner, Andrey Nikolayevich Ivanov, was also slapped with individual sanctions on his financial dealings. “The targeted entities in the Central African Republic (CAR), United Arab Emirates (UAE), and Russia have engaged in illicit gold dealings to fund the Wagner Group to sustain and expand its armed forces, including in Ukraine and Africa, while the targeted individual has been central to activities of Wagner Group units in Mali,” reads Treasury’s press release. The companies are even accused of working with rebel militant groups in the Central African Republic (CAR) as part of the operation. Consequently, an inter-agency task force has issued an advisory highlighting risks for participants in the African gold trade. “Treasury’s sanctions disrupt key actors in the Wagner Group’s financial network and international structure,” added Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson in a statement. “The Wagner Group funds its brutal operations in part by exploiting natural resources in countries like the Central African Republic and Mali. The United States will continue to target the Wagner Group’s revenue streams to degrade its expansion and violence in Africa, Ukraine, and anywhere else,” he said. Wagner Group’s prominence exploded over the weekend after the mercenary soldiers ripped through Russia and seized control of a major city, Rostov, where much of the country’s defence sector is centred. The lightning-fast coup ended as quickly as it began, with leader Yevgeny Prigozhin apparently accepting a deal negotiated by the president of Belarus which saw him exiled to that country. In exchange, participants in the insurrection were granted immunity deals — and other, unknown concessions were thought by many to have been extended to Mr Prigozhin as well. It’s unclear what the insurrection means for the future of Wagner, however, given Mr Prigozhin’s apparent banishment and the souring of his ties with Russia’s leader. Many of the private army’s troops are still deployed in Ukraine, where they are engaged in some of the fiercest combat taking place across the country’s southeast. Read More UN urges Israel and Palestinians to halt West Bank violence in statement backed by US and Russia Fox News host suggests White House ‘drummed up’ Russia coup to distract from Hunter Biden Wagner chief walks free after armed revolt. Other Russians defying the Kremlin aren’t so lucky NATO warns not to underestimate Russian forces, and tells Moscow it has increased preparedness Putin admits Moscow paid Wagner mercenaries £800m in wages in a year – and that his forces ‘stopped civil war’ Pope's peace envoy arrives in Moscow after the short-lived Wagner rebellion
2023-06-28 06:19
Trump's version of US election law rejected once and for all
Trump's version of US election law rejected once and for all
The news Tuesday is that the US Supreme Court squarely rejected the fringe legal theory by which far-right activists and supporters of former President Donald Trump hoped to be able to ignore election outcomes.
2023-06-28 05:26
Microsoft attempts to pick apart US legal argument against deal to buy Activision
Microsoft attempts to pick apart US legal argument against deal to buy Activision
By Greg Bensinger SAN FRANCISCO Arguing for the government on Tuesday in its legal fight against Microsoft's $69
2023-06-28 05:19
US imposes new sanctions related to gold dealing to fund Wagner Group
US imposes new sanctions related to gold dealing to fund Wagner Group
The US Treasury Department on Tuesday imposed sanctions on four companies involved in "gold dealing" and one person they say made "weapons deals" tied to the Wagner Group.
2023-06-28 05:18
Appeals court dismisses Ivanka Trump as co-defendant in civil fraud case against Donald Trump
Appeals court dismisses Ivanka Trump as co-defendant in civil fraud case against Donald Trump
A New York appeals court has dismissed Ivanka Trump as a co-defendant in New York Attorney General Letitia James' civil fraud lawsuit against Donald Trump, his children and the Trump Organization, according to a court order filed Tuesday.
2023-06-28 04:54
MVP pipeline foes say Congress can't 'mandate victory' for the project
MVP pipeline foes say Congress can't 'mandate victory' for the project
By Clark Mindock A provision of the U.S. debt ceiling bill that streamlined the federal approval process for
2023-06-28 04:27
East Europe NATO allies say Wagner troops in Belarus spell trouble
East Europe NATO allies say Wagner troops in Belarus spell trouble
By Anthony Deutsch THE HAGUE Eastern European NATO countries on Tuesday warned that a move of Wagner's Russian
2023-06-28 04:24
Jan. 6 U.S. Capitol attack preceded by intelligence agency failures -Senate report
Jan. 6 U.S. Capitol attack preceded by intelligence agency failures -Senate report
WASHINGTON (Reuters) -A new report detailing intelligence failures leading up to the Jan. 6, 2021, attack on the U.S. Capitol
2023-06-28 03:59
How the 'independent state legislature' theory, now rejected by SCOTUS, fueled chaos in 2020 and could influence 2024
How the 'independent state legislature' theory, now rejected by SCOTUS, fueled chaos in 2020 and could influence 2024
The Supreme Court on Tuesday rejected a controversial legal theory that would've given partisan state lawmakers nearly unchecked power over US elections.
2023-06-28 03:56
The 20 Best Early Prime Day Deals on Amazon Basics Products To Shop Now
The 20 Best Early Prime Day Deals on Amazon Basics Products To Shop Now
From Dutch ovens to luggage, Amazon Basics products are already affordable, but with these early Prime Day deals happening now, you stand to save even more.
2023-06-28 03:53
11 people have died in rip currents in less than two weeks along Gulf Coast
11 people have died in rip currents in less than two weeks along Gulf Coast
Rip currents have claimed the lives of 11 people within two weeks along the Gulf Coast, amid warnings from officials about the hazardous water conditions, according to preliminary data from the National Weather Service.
2023-06-28 03:28
Italy to crack down on e-scooters after deaths and accidents
Italy to crack down on e-scooters after deaths and accidents
ROME The Italian government on Tuesday announced a crackdown on the use of electric scooters on city streets,
2023-06-28 03:28
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