Search Results for: Magnitsky

The US Treasury Department’s Office of Foreign Assets Control imposed sanctions Wednesday against two members of the Cambodian Ministry of National Defence, Chau Phirun and Tea Vinh, for their involvement in corruption in Cambodia. While Chau Phirun is the Director-General of the Defence Ministry’s Material and Technical Services Department, Tea Vinh is the Commander of [...]

The US Treasury Office of Foreign Assets Control (OFAC) has announced sanctions on three individuals and five entities associated with corruption in the South American country of Paraguay. The sanctions were made under the Global Magnitsky Human Rights Accountability Act, which empowers Treasury to sanction individuals and entities accused of human rights abuses, including corruption. [...]

The Australian Ministry of Foreign Affairs announced on Thursday that it will reform and modernize Australia’s autonomous sanctions laws to authorize the imposition of financial sanctions and travel bans against the “perpetrators of egregious acts of international concern.” The proposed amendments will allow the Australian government to sanction individuals for gross human rights violations and serious [...]

The Office of Foreign Assets Control (OFAC) of the US Department of Treasury on Friday imposed sanctions on Policia Nacional Revolucionaria (Revolutionary National Police; PNR), and its director and deputy director, Oscar Callejas Valcarce and Eddy Sierra Arias, respectively, for crackdowns on peaceful pro-democracy protests. The sanctions have been imposed under the authority of Executive [...]

The Switzerland Office of the Attorney General (OAG) on Tuesday dropped a decade-old money laundering investigation exposed by Russian lawyer Sergei Magnitsky who died under suspicious circumstances in a Russian jail in 2009. The investigation was opened in March 2011 against unknown individuals on suspicion of money laundering committed in Switzerland between 2008 and 2010 [...]

The US Department of Treasury’s Office of Foreign Assets Control imposed sanctions Thursday against Cuban Defense Minister Alvaro Lopez Miera and an entire special forces unit for alleged human rights violations in relation to the suppression of peaceful protests. Earlier this month, thousands of Cubans took to the streets in anti-government protests, motivated by dissatisfaction [...]

The US Department of Treasury’s Office of Foreign Asset Control (OFAC) imposed a series of sanctions on three Bulgarian individuals and sixty-four companies for their extensive role in endemic grand corruption in Bulgaria on 2 June 2021. This is the largest corruption-related targeting to date under the Global Magnitsky Human Rights Accountability Act. The sanctions [...]

The US Department of Treasury’s Office of Foreign Asset Control (OFAC) announced new sanctions on three Bulgarian individuals and sixty-four companies over allegations that the sanctioned entities and individuals were facilitating Russian influence in the Bulgarian government. The newly-announced sanctions center on two oligarchs, . Bojkov is a gambling magnate who fled Bulgaria after a [...]

The Pervomaisky District Court of Bishkek announced Saturday that former Kyrgyz customs official Raimbek Matraimov, who was found guilty of corruption earlier this month, is being detained on fresh money laundering charges.  The announcement comes only days after demonstrators took to the streets to protest the court’s earlier decision to fine Matraimov 260,000 soms (roughly [...]

A Kyrgyz court in Bishkek fined former Deputy Head of State Customs Service Raimbek Matraimov 260,000 soms, or roughly USD $3000, in a closed trial Thursday. Matraimov pleaded guilty during his trial at the Pervomaisky District Court, which was closed to journalists, for his participation in a customs corruption scheme that resulted in the laundering [...]