US adds South African national to DPRK sanctions list

OFAC3OFAC has designated Russia-born, South African national Vladlen Amtchentsev pursuant to Executive Order 13722 for acting for or on behalf of Velmur Management Pte Ltd, a Singapore-based entity previously designated by the US for being involved in the purchase of fuel oil and gasoil for North Korea. As a result, Mr Amtchentsev will now be subject to a US asset freeze and travel ban. See OFAC Notice and US Treasury Press Release.

This entry was posted in North Korea, USA by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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