April 12, 2024
U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is investigating several U.S. and foreign companies for supplying military-purpose chips which end up in Russia, Bloomberg reported on April 12, citing an unnamed U.S. official.
Foreign-sourced goods and materials such as microchips fuel Russia’s war machine amid the full-scale invasion of Ukraine, allowing Moscow to construct missiles, drones, and more.
Despite sanctions, Moscow imported advanced chips valued at over $1 billion from U.S. and European companies during the initial nine months of 2023, according to classified data from the Russian customs service obtained by Bloomberg.
Senior officials from the Treasury Department, the Department of Commerce, and the State Department have asked U.S.-based microelectronics manufacturers to stop the flow of chips to Russia, Bloomberg’s source claimed.
One aspect of the OFAC probe reportedly examines whether U.S. financial institutions are being used to facilitate trade with sanctioned individuals.
Experts are working with the companies to analyze data on more than 600 distributors that apparently continued to sell restricted details to Moscow, seeking to remove these distributors from their supply chains, the U.S. official told Bloomberg.
Ukraine’s National Agency on Corruption Prevention said last December that out of the roughly 2,500 foreign components found in Russian weaponry, nearly three-quarters were made by U.S. producers.
Kyiv’s partners have been ramping up their efforts to prevent Russia from circumventing the sanctions via third-party countries.
https://kyivindependent.com/bloomberg-us-sanctions-office
Someone refresh my memory. When were the first Western chips found in roach weapons? And NOW they’re looking into sanctions circumvention? That’s just plain pathetic.
July 21, 2022 about the same time lil Liza was murdered by the rashists, if not before.☹️
With proper and vehement investigations on sanctions circumvention, and proper prosecutions of culprits, mafia land would already be out of modern weapons. But, instead, they keep on producing and destroying, and so we must keep on sending aid to help defeat those new weapons. In effect, we force ourselves to counter our own stupidity.
Sad to say it has been like that for a very long time, just has been more vividly up close and personal with ruzzia’s genocidal war of choice against Ukraine, the Western world and the rule of law.