Microchip supplier from Germany is suspected of circumventing sanctions against Russia, – Bild

The German company Smart Impex may be supplying components through Turkey to Russia that are subject to Western sanctions.

Microchip supplier Smart Impex is suspected of helping Russia bypass Western sanctions. This is reported by Bild.

The report indicates that the prosecutor’s office of the city of Cologne conducted searches in the offices of several companies in North Rhine-Westphalia. These institutions are suspected of circumventing sanctions against Russia, which were introduced due to aggression against Ukraine.

The prosecutor’s office said that searches were carried out in the offices of three companies in the Rhine-Erft area and in the living quarters of three suspected citizens. The searches were carried out with the participation of the Essen Customs Investigation Department.

During the searches, documents and information carriers were found and confiscated. The total value of the deals is reported to be $15.5 million.

Smart Impex is suspected of continuing to supply Russia with components through Turkey that are subject to sanctions.

“We are seeing a massive increase in exports of these components from Turkey to Russia, mostly by companies that have never traded in such components,” says economist Elina Rybakova, who has done a detailed analysis of Russian imports.

We will remind, earlier Focus reported that in Russia the economic condition continues to deteriorate, and the Russians begin to lose their well-being, which they have been saving for years. While Kremlin chief Vladimir Putin continues to insist that the country’s economy is outperforming all expectations, the numbers show otherwise .

In addition, Focus previously informed that on February 5, President of Ukraine Volodymyr Zelensky put into effect the decision of the National Security and Defense Council on sanctions against Russia’s nuclear industry . 200 Russian companies fell under the restrictions.