U.K. officials on Monday launched a new program for targeting corrupt officials worldwide with sanctions, and subsequently blacklisted 22 individuals involved in "notorious" graft cases in Russia, South Africa, South Sudan and Latin America. In a statement to the House of Commons, Foreign Secretary Dominic Raab said that the Global Anti-Corruption Sanctions Regulations would help U.K. officials combat "serious corruption" by imposing asset freezes and travel bans on parties suspected of bribery or embezzlement, as well as on firms and professionals who enable those crimes and launder the proceeds. The first targets of the sanctions include 14 Russian officials, bankers...
The Foreign, Commonwealth & Development Office of the United Kingdom announced the imposition of asset freezes and travel bans against 22 individuals pursuant to the new Global Anti-Corruption sanctions regime for the first time.
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