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Akrivis Secures Removal of Russian Ex-Bankers from US Sanctions List
Akrivis Law Group, PLLC is pleased to announce that two of its clients, Andrey Golikov and Elena Titova, have been removed from the List of Specially Designated Nationals and Blocked Persons (the SDN List) administered by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). Mr. Golikov and Ms. Titova were designated to the SDN List on April 20, 2022 for being members of the board of PJSC Bank Otkritie, a sanctioned Russian financial institution, even though they had resigned from the board prior to being designated. On June 16, 2023, Mr. Golikov and Ms. Titova brought suit against the State Department and the Treasury Department in DC federal court, arguing that their continued designation was unconstitutional and violated the Administrative Procedure Act.
Akrivis Law Group, PLLC is pleased to announce that two of its clients, Andrey Golikov and Elena Titova, have been removed from the List of Specially Designated Nationals and Blocked Persons (the SDN List) administered by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). Mr. Golikov and Ms. Titova were designated to the SDN List on April 20, 2022 for being members of the board of PJSC Bank Otkritie, a sanctioned Russian financial institution, even though they had resigned from the board prior to being designated. On June 16, 2023, Mr. Golikov and Ms. Titova brought suit against the State Department and the Treasury Department in DC federal court, arguing that their continued designation was unconstitutional and violated the Administrative Procedure Act.
