Last week the Federal government announced sanctions against eight individuals and an entity for their alleged involvement in unrest in Crimea.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated the parties that include seven Crimean officials that are part of the Republic of Crimea. According to the Federal government, the breakaway Crimean government is illegitimate due to the manner in which it took control of the territory, which was done without the assent of the Ukrainian government.
Specifically, the individuals sanctioned last week hold the titles of Prime Minister of Crimea, Acting Governor of Sevastopol, Chairman of the Legislative Assembly, Chairman of the Sevastopol Election Commission, Deputy Chairman of the Sevastopol Election Commission, Secretary of the Sevastopol Election Commission, and member of the Federation Council of the Russian Federation representing Sevastopol.
In addition to individuals holding themselves out as government officials, OFAC also designated a Moscow-based private railway firm and its CEO for operating in the Crimea area. OFAC says the firm began operating a line across the Kerch Strait Bridge late last year, which is being done in order to deepen the economic connections between Russia and Crimea.
OFAC says the designations are a sign of the government’s desire to add more pressure to Russian authorities in an effort at dissuading further involvement in Crimea. Seven of the individuals sanctioned by OFAC were simultaneously designated by the European Union for similar reasons. OFAC promised that it will continue to hold Russia accountable for actions it deems as being detrimental to the Crimean region’s stability.
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