U.S. gets warrant to seize Russian company’s Boeing 737

NEW YORK (AP) — A federal court in New York authorized the seizure of a $25 million Boeing 737 owned by a Russian energy company, citing U.S. sanctions against Russia in response to its invasion of Ukraine, U.S. authorities said Wednesday.

The aircraft is owned by PJSC Rosneft Oil Co., headquartered in Moscow and led by sanctioned oligarch Igor Ivanovich Sechin.

The court found probable cause that the aircraft, which has not been in the U.S. since 2014, could be seized by the U.S. based on violations of the Export Control Reform Act.

“Today’s enforcement action demonstrates there is a price to pay for Russian companies and oligarchs that flagrantly evade sanctions that the United States has imposed in response to the unjustified war against the people of the Ukraine,” Breon Peace, the U.S. attorney in Brooklyn, said in a news release.

Rosneft Oil did not immediately respond to an email seeking comment.

The action is part of a continuing effort to diminish Russian wealth after its invasion of Ukraine.

Peace’s office said the company violated sanctions that bar U.S.-built planes from entering Russia without a license. Since February 2022, when the Russia sanctions went into effect, the plane has left and reentered Russia at least seven times.

It was last in the United States in March 2014 and is currently believed to be in, or traveling to or from, Russia, U.S. officials said.

JOIN THE CONVERSATION

Conversations are opinions of our readers and are subject to the Code of Conduct. The Star
does not endorse these opinions.

For all the latest World News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.