June 27, 2023 (Washington, DC) — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions against one individual and four entities tied to the brutal Russian paramilitary Wagner Group and its leader Yevgeniy Prigozhin. Under OFAC’s list of Specially Designated Nationals, the sanctions target Nikolayevich Andrey Ivanov and the entities Diamville Sau, Industrial Resources General Trading, Limited Liability Company DM, and Midas Ressources Sarlu. A new Africa Gold advisory was also released, focusing on the gold sector in sub-Saharan Africa.
Charles Cater, Director of Investigations at The Sentry, said: “As the Wagner Group uses extreme violence to control the exploitation of natural resources in war-torn and weak states, the sanctions imposed today on Diamville, Midas Ressources, and associated enablers are critically important to disrupting its financing. For maximum impact, the middlemen that have facilitated Wagner Group operations should also be targeted, particularly political and military elites complicit in widespread human rights violations by the mercenary firm in the Central African Republic and elsewhere.”
Read The Sentry report on Wagner Group operations in Central Africa: “Architects of Terror: The Wagner Group’s Blueprint for State Capture in the Central African Republic.”
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About The Sentry
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The Sentry is an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy. Pull back the curtain on wars, mass atrocities, and other human rights abuses, and you’ll find grand corruption and unchecked greed. These tragedies persist because the perpetrators rarely face meaningful consequences. The Sentry aims to alter the warped incentive structures that continually undermine peace and good governance. Our investigations follow the money as it is laundered from war zones to financial centers around the world. We provide evidence and strategies for governments, banks, and law enforcement to hold the perpetrators and enablers of violence and corruption to account. These efforts provide new leverage for human rights, peace, and anti-corruption efforts. Learn more: www.TheSentry.org