U.S. sanctions Russia-based bank
The US Treasury slapped sanctions on Monday on a Russia-based bank partly owned by Venezuela for its support for the government of embattled President Nicolas Maduro and the state oil company PDVSA.
The US Treasury slapped sanctions on Monday on a Russia-based bank partly owned by Venezuela for its support for the government of embattled President Nicolas Maduro and the state oil company PDVSA.
The sanctions were aimed at Moscow-based Evrofinance Mosnarbank, which when founded in 2011 was 50 percent-owned by leading Russian banks and 49-percent owned by Venezuela’s National Development Fund.
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