By South China Morning Post | Created at 2024-11-02 04:03:11 | Updated at 2024-11-02 06:34:39
2 hours ago
Five Singapore-based firms have been sanctioned by the United States for their roles in enabling Russia’s efforts in the ongoing Ukraine war, the US government said.
They have also been added to the list of Specially Designated Nationals by the US Treasury Department’s Office of Foreign Assets Control (OFAC).
The US on Wednesday took action against nearly 400 entities and individuals globally for “enabling Russia’s prosecution of its illegal war”, said the US Department of State.
“The department seeks to disrupt the networks and channels through which Russia procures technology and equipment from entities in third countries to support its war effort,” it added.
It said that Wednesday’s designations targeted “producers, exporters, and importers of items critical to Russia’s military-industrial base”.
Russia invaded its neighbour Ukraine in February 2022 – a war that has claimed hundreds of thousands of lives.
