This news release is issued in respect of the asset freezing measures relating to Libya.
Annex III to Council Regulation (EU) No 2016/44 has been amended with effect from 15 October 2020 following the publication of Council Implementing Regulation (EU) No 2020/1481.
The following individual has been added to the UK’s Consolidated List and is subject to an asset freeze.
PRIGOZHIN, Yevgeniy Viktorovich
POB: Leningrad (St. Petersburg)
Other Information: EU listing only. Gender: male. Yevgeniy Viktorovich Prigozhin is a Russian businessman with close links, including financially, to the private military company Wagner Group. Prigozhin is engaged in and providing support for Wagner Group’s activities in Libya. Wagner Group is involved in multiple and repeated breaches of the arms embargo in Libya, including delivery of arms as well as deployment of mercenaries into Libya in support of the Libya National Army, and has participated in multiple military operations against the UN-endorsed Government of National Accord.
Listed on: 15/10/2020 Last Updated: 15/10/2020 Group ID: 13968
Financial institutions and other persons are requested to check whether they maintain any accounts or otherwise hold funds or economic resources for, or provide financial services to, the designated individual. If so, they must freeze such accounts or other funds and, unless licensed by the Treasury, refrain from dealing with said funds or economic resources, and suspend the provision of any financial services.They must also report their findings to the FIU.
Failure to comply with financial sanctions legislation or to seek to circumvent its provisions is a criminal offence.
Further details of the sanctions regime related to Libya and links to the UK’s Consolidated List of individuals and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.