Russian convicted in the Netherlands for violating anti-Russian sanctions
He sent electronics and other dual-use technologies to Russia
The Rotterdam District Court sentenced 55-year-old entrepreneur Dmitry K., who holds Russian and Dutch citizenship, to 18 months in prison. He was found guilty of violating EU sanctions.
Source. This was reported by The Moscow Times.
The court said on Tuesday that he had exported dual-use electronic goods to companies that are "closely linked" to the Russian military and defense industry.
Dutch law prohibits disclosing the identity of the accused during trials, and the court's statement only mentioned that the man was born in Russia and had been involved in chips and electronics for six years.
The court found that the businessman had forged invoices for export declarations, indicating a company in the Maldives as the end user, but then shipped the electronic goods to Russia. The defendant's company sold €2 million worth of goods to companies affiliated with Rostec.
The defendant was found guilty of creating and implementing a scheme to circumvent sanctions for more than seven months as the de facto head of an unknown company.
In addition to the prison term, the businessman was fined 200 thousand euros. The prosecution demanded three years in prison and a fine of 350 thousand euros.
Background. As it became known today, the EU is preparing new trade restrictions against Russia worth $5.3 billion.
If you have read this article to the end, we hope that means it was useful for you.
We work to ensure that our journalistic and analytical work is of high quality, and we strive to perform it as competently as possible. This also requires financial independence. Support us for only UAH 196 per month.
Become a Mind subscriber for just USD 5 per month and support the development of independent business journalism!
You can unsubscribe at any time in your LIQPAY account or by sending us an email: [email protected]
