THE HAGUE, Netherlands — A Dutch court convicted a Russian businessman Tuesday of exporting computer chips and other electronic products to the Russian arms and defense industry in violation of European Union sanctions and sentenced him to 18 months in jail.last year sparked a war now in its 20th month. Rotterdam District Court said in a statement that the man turned sanctions evasion into a “revenue model.
The man, whose identity was not released in line with Dutch court rules, exported “dual-use” products that can have both civil and military applications to companies linked to the arms industry in Russia for a period of more than seven months. The court ruled that he faked invoices for the exports and sent them to Russia via a company in the Maldives.Singapore defense minister calls on China to take the lead in reducing regional tensions“He has seriously damaged the intended purpose of the sanctions, which is to cut off critical technology for Russia that could contribute to the technological improvement of Russia’s defense and security sector,” the court said.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: sdut - 🏆 5. / 95 Read more »