Sanctions Compliance

UK Responds to Russia's "Sham" Referendums

William (Bill) Callahan
,
September 29, 2022

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🇬🇧The U.K. just announced a new package of sanctions in response to Russia's "sham" referendums in eastern Ukraine.

🇺🇦Citizens in four regions of Ukraine were voting for a fourth day on Monday in Moscow-organized referendums.

🥸Ukraine and the West have branded the vote a sham.

🚫They say the outcomes are pre-determined and they will not recognize the results.

🗳Britain said among those sanctioned were top Russian officials involved in enforcing the votes.

🗣”Sham referendums held at the barrel of a gun cannot be free or fair and we will never recognize their results," British foreign secretary James Cleverly said in a statement.

💰Britain said those sanctioned included 55 board members and directors from organizations the government said, "continue to bankroll the Russian war machine".

4️⃣The government also added another four oligarchs to the #sanctions list:

❌God Nisanov.
❌Zarakh Iliev.
❌Iskander Makhmudov.
❌Igor Makarov.

✈️Britain, along with Western allies, have imposed travel bans, asset freezes and other sanctions on hundreds of Russian individuals and entities since Feb. 24, the day Moscow sent troops into Ukraine.

⛔️sanctions.io comprehensive API-first solution financial institutions and businesses use to scan their clients and client’s transactions against global Sanctions Lists, Crime lists, and PEP lists, continues to monitor the latest sanction’s developments for its customers and business network. #EU #OFAC #OFSI #UNSC

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William (Bill) Callahan
After over 26 years serving in the U.S. Department of Justice, Bill retired from the U.S. Drug Enforcement Administration (DEA) as the Special Agent in Charge of the St. Louis Division. During his over 20-year career with the DEA, he held numerous positions, primarily centering on financial investigations of some of the largest narcotics and money laundering transnational criminal organizations, using trade-based money laundering, hawala, bulk cash smuggling, and cryptocurrency to launder their ill-gotten gains.
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