Chinese Supplier Wison is sanctioned for Illicit Delivery of a Power Plant to Arctic LNG2
As part of a massive sanctions package days before the end of the Joe Biden administration, the U.S. blocked a key Chinese technology provider, Zhoushan Wison Offshore and Marine. The company had been the focus of a HNN investigation in October 2024. Three months after HNN uncovered an elaborate scheme to deliver a Chinese power […]
US sanctions Hungarian Antal Rogan over alleged corruption
The US imposed sanctions on Antal Rogan, a senior Hungarian official, on Tuesday, citing his alleged involvement in systemic corruption. Rogan, a prominent member of Prime Minister Viktor Orban’s government and head of the Cabinet Office, is accused of orchestrating schemes to misappropriate public resources and enrich himself and his political allies. According to the […]
The US has imposed sanctions on an Australian man for his alleged role in global narcotics trafficking
David Jonathan Thackray and a New Zealand national, Ho Kai Leung, were among 12 individuals and eight entities sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) in an action taken against “global narcotics traffickers”. Thackray was charged with importing nearly one kilogram of cocaine into New Zealand in 2014 and was subsequently […]
The US Will Impose Sanctions on the Serbian Oil Industry
Serbian President Aleksandar Vucic announced that the United States will impose sanctions on Naftna Industrija Srbije, the Serbian Oil Industry, which is largely owned by the Russian energy company Gazprom Neft. Speaking to Serbian Radio and Television, Vucic made statements regarding the long-discussed potential US sanctions. Vucic stated that the US would impose comprehensive sanctions […]
US imposes sanctions on Georgian Dream party founder
The US said in a statement regarding the sanctions decision that Bidzina Ivanishvili, the founder and honorary chairman of the Georgian Dream party, has undermined the democratic and European future. “The US is imposing sanctions on Bidzina Grigoris Dze Ivanishvili, the founder and honorary chairman of Georgian Dream. His actions have enabled human rights violations […]
A first from the European Union: Russia sanctions against European citizen
The European Union imposed sanctions on Nils Trost, a Dutch oil trader residing in Switzerland, for violating the price ceiling on oil exports. Trost is reportedly involved in violating the $60 per barrel price ceiling imposed by Western countries. Swiss authorities are also investigating Trost’s company Paramount Energy & Commodities SA. According to a statement […]
Treasury announces new US sanctions on North Korea and Russia
The United States has hit North Korea and Russia with new sanctions targeting Pyongyang’s financial and military support for Moscow as well as its ballistic missile programme. The sanctions, which cover North Korean banks, generals and other officials, as well as Russian oil shipping companies, are the latest US measure aimed at cutting North Korea’s […]
EBRD announces settlement with four entities of the French Egis group
The EBRD and four Egis entities reached a settlement over fraudulent practices in two EBRD-financed projects. The sanction consisted of a 33-month conditional ban. The settlement reduces the sanction due to voluntary disclosures and other corrective actions by the Egis entities. The European Bank for Reconstruction and Development (EBRD) announced that it has imposed a […]
China sanctions Canada
China announced sanctions against two Canadian organisations and individuals associated with them for their work on human rights issues in the Xinjiang Uighur Autonomous Region and Tibet Autonomous Region. According to the statement made by the Chinese Ministry of Foreign Affairs, sanctions were imposed on the Uighur Human Rights Defence Project and the Canadian Tibet […]
US grants Turkey exemption from Gazprombank sanctions
Minister of Energy and Natural Resources of Turkey, Alparslan Bayraktar stated that the US granted Turkey an exemption from the Gazprombank sanction. After talks between the Ministry of Energy and Natural Resources and the Ministry of Foreign Affairs with US officials, Minister Bayraktar announced that Turkey can continue to make natural gas debt payments through […]