US banks were caused to process tens of millions of dollars in schemes to evade sanctions and export controls applicable to Russia according to an indictment charging five Russian nationals and two oil traders with global sanctions evasion and money laundering.

The defendants allegedly obtained military technology from US companies, smuggled millions of barrels of oil and laundered tens of millions of dollars for Russian oligarchs, sanctioned entities and the world’s largest energy conglomerate the indictment says in a thinly veiled reference to China’s Sinopec.

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