NCA secures first UK convictions for breaches of Russian sanctions
The National Crime Agency (NCA) has secured the UK’s first convictions for breaches of Russian linked financial sanctions. The former Russian-appointed Governor of Sevastopol, Dmitrii Ovsiannikov, and his brother, Alexei Ovsiannikov, were found guilty at Southwark Crown Court of multiple breaches of financial sanctions and money laundering. Despite being sanctioned since 2017, Dmitrii relocated to London and acquired a British passport in January 2023. He attempted to open a bank account and purchase a luxury car with funds transferred by his wife, but his accounts were frozen upon discovery of his sanctioned status. Alexei facilitated these breaches by purchasing the car in 2023 and providing funds for private school fees for Dmitrii’s children in 2024. Dmitrii was convicted on eight counts of breaching Russian financial sanctions and two counts of money laundering, while Alexei was found guilty of two counts of sanctions breaches. The Crown Prosecution Service and NCA intend to pursue proceeds of crime proceedings to recover the illegally obtained cash and assets.