Check power company by address12/9/2023 The procurement network, according to court documents, smuggled micro-displays that could be used in civilian life - for medical imaging, video games and digital cameras - or could be used for military rifle scopes, night vision goggles, thermal optics and other weapons systems.Īfter Russia’s invasion of Ukraine, the American company decided to stop sending its technology to Russia. Prosecutors allege that Marchenko’s role in the scheme was to maintain front companies in Hong Kong that a procurement network would use to pay American companies for their technology. The defendant, Maxim Marchenko, helped to run a procurement network to obtain dual-use, military-grade microelectronics from an American company to send to Russia, according to the US government. The Justice Department announced charges Monday against a Russian citizen accused of helping to smuggle US-sourced electronics with military applications to individuals in Russia. The West has imposed heavy sanctions on Moscow since the start of the war. He described the economic situation in the country as "stable and balanced," but Russia’s ruble last month plunged to 17-month lows. Russia's economy: President Vladimir Putin claims that Russia's economy has withstood "unprecedented external pressure" from the West. On Friday, the EU announced plans to suspend a temporary ban placed on the export of Ukrainian grain to a select number of countries in Eastern Europe.
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