US sanctions on Russia: Gunvor assesses potential impact of Timchenko listing

The US treasury dept has placed Gennady Timchenko, a founding shareholder of energy and metal trading company Gunvor, on its list of sanctioned individuals after the annexation of Crimea.

Timchenko's name was placed on a list of nationals by the the office of foreign assets control (OFAC), part of the treasury department, on March 20.

The OFAC lists "individuals...


March 20, 2014

17:14 GMT