The United Kingdom has imposed sanctions on a Nigeria-based financial firm, accusing it of being part of a network helping Russia bypass international sanctions imposed over the war in Ukraine.
According to the UK Foreign, Commonwealth & Development Office, the sanctioned entity is linked to a broader sanctions-evasion and illicit finance network connected to Russia’s A7 payment system, which Western authorities say is used to move funds and facilitate restricted transactions.
The firm identified in reports is Pilot Finance Limited, which UK officials say provided financial services connected to Russian-linked entities involved in strategic or military-related sectors.
British authorities said the sanctions are part of a wider package targeting dozens of individuals, companies, and shipping networks believed to be helping Moscow evade restrictions and sustain its war economy. The measures include asset freezes and restrictions on financial services, aimed at cutting off access to international banking systems.
The UK government also stated that it is focusing increasingly on third-country intermediaries, including firms in Africa and Asia, which are suspected of helping move money or goods on behalf of sanctioned Russian entities.
The Nigerian-linked firm has not publicly responded to the allegations as of the time of reporting.
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