Russia Sells Shares in Angolan Diamond Mines due to sanctions
A government official in Angola announced that Russian stakes in the country’s two major diamond mines have been sold to an Oman-backed fund as a result of international sanctions. Russia’s diamond giant Alrosa was until now co-owner of Angola’s Catcoa mine, the world’s fourth largest, and Luele mine in partnership with the South African country’s […]
UK sanctions on kleptocrats this time
The UK has sanctioned kleptocrats and announced the launch of the Foreign Office’s new campaign against dirty money. ‘Sanctions have been imposed on three notorious kleptocrats who siphoned off their fortunes from their countries, and on their friends, family and fixers who helped them,’ the UK Foreign Office said in a statement. The following statements […]