The United States lifts sanctions imposed on Rusal and other companies related to oligarch Deripaska

The United States lifts sanctions imposed on Rusal and other companies related to oligarch Deripaska
Oleg Deripaska

These companies came under sanctions in April 2018. Deripaska is still on the sanction list.

The US Department of Treasury dropped sanctions from companies affiliated with Russian businessman Oleg Deripaska - Rusal, EuroSibEnergo, and En+ Group, according to the agency’s website.

These companies have reduced the share of Deripaska’s direct and indirect participation, so the businessman has no longer control over them. According to the US authorities, this guarantees the independence of the boards of directors of En+ and Rusal.

Also, the companies decided on "unprecedented transparency" in front of the US Department of Treasury.

These companies came under sanctions in April 2018. Deripaska is still on the sanction list.

The oligarch and companies associated with it came under sanctions because Deripaska "acted or claimed that he was acting in the interests of a high-ranking government official" and could also be related to Russian organized crime.

Two months before the imposition of sanctions, politician Alexey Navalny published an investigation about the businessman, stating that Deripaska, together with Deputy Prime Minister Sergei Prikhodko, discussed the activities of CEO of the Center for a New American Security Victoria Nuland. From the publications of the US media in the same investigation, the politician concluded that the head of Donald Trump's campaign headquarters, Paul Manafort, wanted to turn to Deripaska to agree on some closed briefings with information about the elections and make the businessman a “secret channel” of Russian authorities with the headquarters of the American politician.

So, back in 2017, The Washington Post wrote that Manafort was trying to contact Deripaska to inform him about the course of the presidential campaign. He passed such an offer to Deripaska a few days before Trump's official nomination, newspaper sources said.

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