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Russian Chess Chief, IS Oil Middleman Hit by U.S. Sanctions

  • Kirsan Ilyumzhinov, World Chess Federation head, sanctioned
  • Ilyumzhinov responded, saying he's not doing business in Syria
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Is Doing Business With Russia Ever Easy?

Kirsan Ilyumzhinov, head of the World Chess Federation and a former Russian regional governor, was among four individuals and six entities the U.S. Treasury penalized for supporting the government of Syrian President Bashar al-Assad.

The Treasury also sanctioned a Syrian businessman George Haswani for serving as a middleman for oil purchases by the Assad regime from the Islamic State. All U.S. assets of those designated are frozen, and U.S. persons are prohibited from engaging in transactions with them, the department said Wednesday in an e-mailed statement.