Companies engaged in illicit gold dealings to fund the militia to sustain and expand its armed forces. Read more at straitstimes.com.
WASHINGTON - The United States took aim at Russia’s Wagner Group and imposed sanctions on Tuesday on companies it accused of engaging in illicit gold dealings to fund the mercenary force.
“The Wagner Group funds its brutal operations in part by exploiting natural resources in countries like the Central African Republic and Mali,” the Treasury’s Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in a statement. Wagner has fought in Libya, Syria, the Central African Republic, Mali and other countries, and has fought the bloodiest battles of the 16-month-old war in Ukraine. It was founded in 2014 after Russia annexed Ukraine’s Crimea peninsula and started supporting pro-Russia separatists in Ukraine’s eastern Donbas region.
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