US imposes gold-related sanctions on Wagner Group funding.

1 min read
Source: CNN
US imposes gold-related sanctions on Wagner Group funding.
Photo: CNN
TL;DR Summary

The US Treasury Department has imposed sanctions on four companies and one individual involved in "gold dealing" and "weapons deals" tied to the Wagner Group, a Russian mercenary group. The targeted companies are based in Russia, the United Arab Emirates, and the Central African Republic, and have engaged in illicit gold dealings to fund the Wagner Group's armed forces in Ukraine and Africa. The targeted individual is a Russian executive in the Wagner Group who worked closely with the group's leader and senior Malian government officials on weapons deals, mining concerns, and other activities in Mali.

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