Suleiman Kerimov, GVA Capital Ltd, and OFAC
On June 12, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a notice on its website announcing the imposition of a $216 million fine on GVA Capital Ltd. for violating OFAC sanctions against Russia and for failing to comply with an OFAC subpoena during the investigation of the case. The announcement also prominently featured Russian oligarch...