US Sanctions 3 Companies Helping Russia Evade Sanctions

The U.S. this week sanctioned three entities for their involvement in a sanctions evasion network that facilitates arms deals between Russia and North Korea. The designations target Limited Liability Company Verus, Defense Engineering Limited Liability Partnership and Versor S.R.O, which all have ties to sanctioned Slovakian businessman Ashot Mkrtychev. The Treasury Department said Mkrtychev is the president of Versor, founder and owner of Verus and the sole director of Defense Engineering, and has worked with Russian and North Korean officials for “potential plans” to transfer more than two dozen kinds of weapons and munitions to Russia in exchange for various raw materials and commodities to North Korea.