Russian private military company the Wagner Group poses a “transcontinental threat,” the US Treasury has stated A fighter of the Wagner group in Artemovsk (Bakhmut) in the DPR. © Sputnik

Washington has designated the private military company (PMC) the Wagner Group a “significant transnational criminal organization,” the US Treasury Department said on Thursday as it unveiled a new batch of sanctions against Russia.

The US accused the company founded by Russian businessman Yevgeny Prigozhin of being engaged in “an ongoing pattern of serious criminal activity” in both Ukraine, where the PMC is fighting with Russian troops, and several African nations.