OFAC sanctions Russian bank for North Korea sanctions violations | NK News
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December 22, 2024

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OFAC sanctions Russian bank for North Korea sanctions violations

Foreign Trade Bank front companies and Moscow-based representative also designated

The U.S. Department of the Treasury on Friday added two foreign entities, a DPRK company and a North Korean individual to its list of Specially Designated Nationals (SDN) and Blocked Persons.

Among the Office of Foreign Assets Control's (OFAC) new designations were a small Russian bank, two front companies for the North's sanctioned Foreign Trade Bank (FTB) and a Russia-based DPRK citizen.

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