; or (2) debt of any entity owned or controlled by the Government of the Russian Federation issued on or after such date of enactment, including bonds. 211. Sanctions with respect to investment in or facilitation of privatization of state-owned assets by the Russian Federation The President shall impose 5 or more of the sanctions described in section 213 if the President determines that a person, with actual knowledge, on or after the date of the enactment of this Act, makes an investment of $10,000,000 or more (or any combination of investments of not less than $1,000,000 each, which in the aggregate equals or exceeds $10,000,000 in any 12-month period), or facilitates such an investment, if the investment directly and significantly contributes to the ability of the Russian Federation to privatize state-owned assets. 212. Prohibiting certain transactions in areas controlled by the Russian Federation (a) In general The President shall impose with respect to a foreign person the sanctions described in subsection (b) if the President determines that the foreign person, based on credible information— (1) is responsible for, complicit in, or responsible for ordering, controlling, or otherwise directing, the commission of serious human rights abuses in any territory forcibly occupied or otherwise controlled by the Government of the Russian Federation; (2) has materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to, a foreign person that is responsible for, complicit in, or responsible for ordering, controlling, or otherwise directing, the commission of serious human rights abuses in any territory forcibly occupied or otherwise controlled by the Government of the Russian Federation