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June 28, 2023

U.S. Sanctions Companies Profiting from Wagner Group Mining Concessions in Africa
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The Biden administration has imposed new sanctions on companies accused
of profiting from the activities of the Wagner Group in Africa. The
Treasury Department says the sanctions will punish four companies based
in Russia, the United Arab Emirates and the Central African Republic
that extract gold, diamonds and other minerals to help fund the
mercenary force. The sanctions were announced after Russian Foreign
Minister Sergey Lavrov said Monday that Wagner mercenaries will not be
withdrawn from Africa following last weekend's mutiny.

Sergey Lavrov: "Several hundred Russian servicemen are working in the
Central African Republic as instructors. This work will, of course, be
continued."



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