USA imposed sanctions against a Russian Bank for their support to Venezuela

США ввели санкции против российского банка за помощь Венесуэле

The US imposed sanctions against Russia over Venezuela

The U.S. Treasury Department imposed sanctions against a Russian Bank Evrofinance Mosnarbank for his agreement with Venezuela.

USA imposed sanctions against a Russian Bank Evrofinance Mosnarbank in connection with its agreements with the Venezuelan state oil company Petroleos de Venezuela SA (PDVSA). This is with reference to the American Ministry of Finance said on Monday, March 11, Reuters.

In particular, it is specified that Evrofinance Mosnarbank is a lifeline for the regime of Venezuelan President Nicolas Maduro, whose supporters allegedly used PDVSA for money laundering.

As stressed by the Secretary of the Treasury Steven Mnuchin, Washington will continue to take action against foreign financial institutions that support the illegitimate regime of Maduro, contributing “to the economic collapse and the humanitarian crisis that is causing misery to the people of Venezuela”.

Previously Bloomberg wrote that Venezuela learned to circumvent international sanctions by using in common with the Russian Bank Evrofinance Mosnarbank. According to the newspaper, the government and large companies of the South American country make payments through it.

It is known that the Bank was established during the presidency of Hugo Chavez, he belongs to Moscow and Caracas on an equal footing and fell under the sanctions imposed on both countries.

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