The US Treasury and State departments has sanctioned Russian Dmitry Kudryakov and Belarusian Iryna Litviniuk for alleged Guatemalan mining corruption. Russian Dmitry Kudryakov and Belarusian Iryna Litviniuk allegedly led multiple bribery schemes over several years involving politicians. The US State Department said in a statement that sanctions against the two individuals and three associated entities target an egregious Russian corruption network in order to disrupt its exploitative practices within the Guatemalan mining industry.Treasury Department said "We stand with the people of Guatemala and support the protection of their country's natural resources from external exploitation. We will use our tools to help ensure that corrupt profiteers face consequences for stealing from the Guatemalan people."The entities sanctioned are Compania Guatemalteca de Niquel, Compania Procesadora de Niquel and Mayaniquel.The Solway Group said the two subsidiary company employees were immediately suspended pending an investigation.
The US Treasury and State departments has sanctioned Russian Dmitry Kudryakov and Belarusian Iryna Litviniuk for alleged Guatemalan mining corruption. Russian Dmitry Kudryakov and Belarusian Iryna Litviniuk allegedly led multiple bribery schemes over several years involving politicians. The US State Department said in a statement that sanctions against the two individuals and three associated entities target an egregious Russian corruption network in order to disrupt its exploitative practices within the Guatemalan mining industry.Treasury Department said "We stand with the people of Guatemala and support the protection of their country's natural resources from external exploitation. We will use our tools to help ensure that corrupt profiteers face consequences for stealing from the Guatemalan people."The entities sanctioned are Compania Guatemalteca de Niquel, Compania Procesadora de Niquel and Mayaniquel.The Solway Group said the two subsidiary company employees were immediately suspended pending an investigation.
