The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Russian individuals and three Russian-based entities for facilitating arms transfers between Russia and North Korea.
“Today’s action reflects our commitment to disrupt the DPRK’s deepening military cooperation with Russia,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson.
The following persons and entities have been added to the OFAC sanctions list:
- Budnev, Aleksey Viktorovich (Cyrillic: Буднев Алексей Викторович. Russia; DOB 09 Jul 1964; POB Krymskaya Region, Russia; nationality Russia; Tax ID No. 504217593565). He has facilitated shipments to Russia of military communications equipment that likely originated from the DPRK intended to support the Russian military. Budnev is the sole owner of Russia-based Tekhnologiya, OOO.
- Gazaryan, Rafael Anatolyevich (Cyrillic: Газарян Рафаэль Анатольевич. Russia; DOB 02 Oct 1954; nationality Russia; Passport 6102814100 (Russia); Tax ID No. 622800585633). He helped to previously sanctioned Russian businessmen Ashot Mkrtychev. In March 2023, OFAC designated Ashot Mkrtychev for attempting to facilitate arms deals between Russia and the DPRK.
- Rafort Limited Liability Company was sanctioned because it was owned or controlled by Rafael Anatolyevich Gazaryan.
Tekhnologiya, OOO was sanctioned because it was owned or controlled by Aleksey Budnev. - Trans Kapital Limited Liability Company was sanctioned for provided financial, material, or technological support for, or goods or services to or in support of Rafael Anatolyevich Gazaryan.
