US seizes Putin Ally’s $25 million Boeing plane to evade sanctions

US seizes Putin Ally’s $25 million Boeing plane to evade sanctions

Facebook
Twitter
LinkedIn

The United States issued an arrest warrant on Wednesday Wladimir Putin‘S ally is a jet valued at over $25 million.

What happened: The president Joe Biden-led government will seize a Boeing owned by Russian oil company Rosneft, its CEO Igor Sechin is a longtime ally of the Russian President.

The US Department of Justice said the District Court for the Eastern District of New York approved the seizure Violations of export controls and sanctions against the Kremlin.

“By violating the Department of Commerce’s export controls, Rosneft has turned its jet into contraband.” Andrew Adamsa Justice Department official said.

See also: Putin’s forces bring world to ‘brink of nuclear catastrophe’ after attack on Zaporizhia.

The collective West imposed sanctions on Russia after Putin invaded Ukraine last year to hamper world trade and limit Russian oil companies’ ability to get financing. According to the Justice Department, the US-made Boeing 737-7JU plane has exited and re-entered Russia at least seven times since the sanctions were imposed.

“Today’s enforcement action shows that there is a price to be paid for Russian companies and oligarchs who shamelessly evade sanctions imposed by the United States in response to the unjust war against the people of Ukraine,” US said Attorney Breon Frieden called.

The jet aircraft was last in the US in March 2014 and is believed to be in, traveling to or from Russia.

Learn more about Benzinga’s coverage in Europe and Asia at the following this link.

[ad_2]

Source story

More to explorer