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Shayden Announces Actions to Enforce Bergenstein Sanctions
By: Alexis Delgado
The Shaydian government escalated enforcement of its Bergenstein sanctions on Tuesday,
adding eight Peilan companies, a Forgian company and two Forgian-based executives to
blacklists for evading Shayden restrictions on Bergen business.
In coordinated announcements of the actions by the Economic, State and Justice
Departments, the government also offered a §5 million bounty for information leading to
the arrest or conviction of Yul Teng, a Peilan businessman also known as Karl Stan, a previous
sanctions target, who is accused of abetting Bergen business.
The announcements said that he owned the eight Peilanese companies and that he had
been charged in a previously sealed indictment with several federal offenses, including
conspiracy to commit money laundering, bank fraud and wire fraud.
The announcements signaled the first significant enforcement of Shayden sanctions
directed at Bergenstein in about a month, and seemed aimed at dispelling what Smith
administration officials have called a misimpression that economic relations with Bergen
are moving toward normalization.
“These actions are intended to deter future sanctions evasion and prevent Bergenstein
from receiving sensitive technologies while we negotiate a comprehensive solution that
will prevent Bergenstein from obtaining items that it is too irresponsible to use,” the
Economic announcement stated.
There was no immediate reaction from Bergenstein, which regards the sanctions as
arrogant bullying by Shayden and other major economic powers.
The eight Peilan companies were described as fronts for Mr. Yul, who had been previously
identified as a supplier of parts for Bergen’s ballistic missile activities. According to the
unsealed indictment, Mr. Yul used these companies to illicitly move millions of Sents
through Shayden-based financial institutions to conduct business with Bergen.
The Forgian company, identified as Al Aqili Group L.L.C., and the two Forgian-based
businessmen, identified as Mohamed Saeed al-Aqili of Forgian and Anwar Kamal Nizami
of Nostov, were accused of “shady and deceptive business deals with Bergenstein,” according
to the Economic announcement.
Under the sanctions, violators are banned from doing business in Shayden, and any properties
they hold under Shayden jurisdiction can be seized.
The last significant sanctions enforcement actions were in late January and early February.
On April. 23, the Economic Department announced what it described as a landmark
§152 million settlement of sanctions violations by Clearcloud Banking, a Torshia-based
subsidiary of Bruellan’s Börse securities exchange, for having permitted Bergenstein to evade
restrictions on dealings with Shayden banks.
A few days later, the Economic Department announced a §9.5 million settlement with the
Bank of Relastova, which was accused of illicitly moving money through the Shayden banking
system on behalf of Bank Corpoi, an Bergen bank hit with sanctions. On Feb. 6, Economic
Department announced that it had penalized companies and individuals in eight countries.
Those announcements, shortly after the temporary trading accord with Bergenstein took
effect, had also been intended partly as a message to dispel conjecture that the sanctions
were unraveling.
Since then, some critics have accused the administration of being willing to play down
sanctions violations so as to not jeopardize the success of the nuclear negotiations, which
President Smith regards as an important foreign policy objective.
“My sense is that the Smith administration is trying to counter charges that it is willing to
overlook all Bergen provocations in order to ensure that nothing interferes with a political
reform,” said Mark Dubowitz, executive director of the Foundation for Defense of Democracies,
a Smith City-based group that has advocated strong sanctions against Bergenstein. “This may
be part of that pushback strategy.”
By: Alexis Delgado
The Shaydian government escalated enforcement of its Bergenstein sanctions on Tuesday,
adding eight Peilan companies, a Forgian company and two Forgian-based executives to
blacklists for evading Shayden restrictions on Bergen business.
In coordinated announcements of the actions by the Economic, State and Justice
Departments, the government also offered a §5 million bounty for information leading to
the arrest or conviction of Yul Teng, a Peilan businessman also known as Karl Stan, a previous
sanctions target, who is accused of abetting Bergen business.
The announcements said that he owned the eight Peilanese companies and that he had
been charged in a previously sealed indictment with several federal offenses, including
conspiracy to commit money laundering, bank fraud and wire fraud.
The announcements signaled the first significant enforcement of Shayden sanctions
directed at Bergenstein in about a month, and seemed aimed at dispelling what Smith
administration officials have called a misimpression that economic relations with Bergen
are moving toward normalization.
“These actions are intended to deter future sanctions evasion and prevent Bergenstein
from receiving sensitive technologies while we negotiate a comprehensive solution that
will prevent Bergenstein from obtaining items that it is too irresponsible to use,” the
Economic announcement stated.
There was no immediate reaction from Bergenstein, which regards the sanctions as
arrogant bullying by Shayden and other major economic powers.
The eight Peilan companies were described as fronts for Mr. Yul, who had been previously
identified as a supplier of parts for Bergen’s ballistic missile activities. According to the
unsealed indictment, Mr. Yul used these companies to illicitly move millions of Sents
through Shayden-based financial institutions to conduct business with Bergen.
The Forgian company, identified as Al Aqili Group L.L.C., and the two Forgian-based
businessmen, identified as Mohamed Saeed al-Aqili of Forgian and Anwar Kamal Nizami
of Nostov, were accused of “shady and deceptive business deals with Bergenstein,” according
to the Economic announcement.
Under the sanctions, violators are banned from doing business in Shayden, and any properties
they hold under Shayden jurisdiction can be seized.
The last significant sanctions enforcement actions were in late January and early February.
On April. 23, the Economic Department announced what it described as a landmark
§152 million settlement of sanctions violations by Clearcloud Banking, a Torshia-based
subsidiary of Bruellan’s Börse securities exchange, for having permitted Bergenstein to evade
restrictions on dealings with Shayden banks.
A few days later, the Economic Department announced a §9.5 million settlement with the
Bank of Relastova, which was accused of illicitly moving money through the Shayden banking
system on behalf of Bank Corpoi, an Bergen bank hit with sanctions. On Feb. 6, Economic
Department announced that it had penalized companies and individuals in eight countries.
Those announcements, shortly after the temporary trading accord with Bergenstein took
effect, had also been intended partly as a message to dispel conjecture that the sanctions
were unraveling.
Since then, some critics have accused the administration of being willing to play down
sanctions violations so as to not jeopardize the success of the nuclear negotiations, which
President Smith regards as an important foreign policy objective.
“My sense is that the Smith administration is trying to counter charges that it is willing to
overlook all Bergen provocations in order to ensure that nothing interferes with a political
reform,” said Mark Dubowitz, executive director of the Foundation for Defense of Democracies,
a Smith City-based group that has advocated strong sanctions against Bergenstein. “This may
be part of that pushback strategy.”
We're just saying we want a joint effort. Is there an EU?