The OverRuled: Sanctions Module has been updated with the following actions:
- 12 Jun 2025 - GVA Capital Ltd. - USD $215,988,868
Between April 2018 and May 2021, GVA Capital Ltd. ("GVA Capital") knowingly managed an investment for sanctioned Russian oligarch, Suleiman Kerimov, while aware of his blocked status. In 2016, GVA Capital officials met with Kerimov at his estate in France to secure his personal approval for the investments. In April 2018, OFAC sanctioned Kerimov. GVA Capital nonetheless continued managing these investments by working through Kerimov's nephew, Nariman Gadzhiev, who GVA Capital knew served as Kerimov's proxy.
The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 10 Jun 2025 (Ukraine):
Content provided in collaboration with Sayenko Kharenko.
Under the Decree of the President of Ukraine "On Decision of the National Security and Defence Council of Ukraine of 10 June 2025 "On Application of Personal Special Economic Sanctions and Other Restrictive Measures (Sanctions)"" No. 395/2025, dated 10 June 2025, different types of sanctions were applied to 48 individuals and nine legal entities.
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