Contents tagged with Oleg Deripaska

  • London Stock Exchange refuses to resume trading of aluminum produced by Deripaska's Rusal

    The London Metal Exchange (LME) will maintain temporary restrictions on the sale of aluminum by Rusal until procedures for determining the metal’s conformity to the US Treasury Department’s Office of Foreign Assets Control (OFAC) General License 14 (GL-14) are determined, TASS news agency reports, citing the press representative of the Exchange.

    "The LME has analyzed the implications of OFAC General License 14 (GL-14) for Rusal brand metal. The LME understands that there are concerns in the …

  • US Treasury Department: Reduction in Deripaska’s share in his company not sufficient to exclude it from sanctions list

    "A reduction in the share of ownership [of the company] by a person under sanctions is not necessarily a basis for excluding [the company] from the sanctions list," RBC news agency reports, citing an official US Treasury Department spokesperson.  

    According to the source, OFAC (the Office for Foreign Assets Control, a subdivision of the Treasury Department) "conducts a thorough analysis of the facts and circumstances of each request for exclusion [from the sanctions list) and does not discuss …

  • Russia promises to respond to US sanctions

    Moscow will have a "harsh response," to the US sanctions, as stated by the Russian Foreign Ministry. "There is no pressure that could force Russia to withdraw from the chosen course. They [the sanctions] only   demonstrate the inability of the United States to achieve its goals and are bringing the Russian society closer together. Of course, we will not leave current and any new anti-Russian attack without a harsh response. However, first of all, we would like to advise Washington to get rid …

  • Russia threatens to block Instagram and YouTube because of footage about oligarch Deripaska

    Roskomnadzor (Russia's Federal Service for Supervision of Communications, Information Technology and Mass Media) gave Instagram and YouTube until the evening of February 14 to block posts and videos as stipulated by the Ust-Labinsk court on the lawsuit of businessman Oleg Deripaska to Anastasia Vashukevich (Nastya Rybka) and Alexander Kirillov (Alex Leslie). The agency's representative reported this to Vedomosti newspaper.

    Roskomnadzor has been trying for months to get the content voluntarily …

  • Russia bans investigative documentary of opposition leader Navalny about oligarch Deripaska

    The documentary of Alexei Navalny's Anti-Corruption Foundation (FBK) about the ties of businessman Oleg Deripaska and Russian Deputy Prime Minister Sergei Prikhodko was "blacklisted" by Roskomnadzor, Russia's Federal Service for Supervision of Communications, Information Technology and Mass Media.

    "The court has placed in the register of prohibited information not only the news about the investigation but also Navalny's writings about the investigation and our video," FBK's employee Georgy …

  • Russian oligarch Deripaska sues Manafort for '$26 million fraud'

    A company owned by Russian billionaire Oleg Deripaska has filed a lawsuit against Paul Manafort, former head of Trump’s electoral campaign, and his assistant Richard Gates. Deripaska’s Cyprus-based company Surf Horizon Limited accuses Manafort and Gates of millions of dollars of fraud.

    Surf Horizon Limited filed a lawsuit at the Supreme Court of the State of New York, claiming that Manafort and Gates pocketed a portion of the $18.9 million which Surf invested in the Ukrainian …

  • Kremlin: relations between Manafort and oligarch Deripaska were of ‘commercial nature’

    The former head Donald Trump’s campaign headquarters, Paul Manafort, had connections with Russian businessman, Oleg Deripaska, however they were of an "exclusively commercial nature," said Russian Presidential Press Secretary, Dmitry Peskov, as reported by RIA Novosti. "They were not somehow connected with the Kremlin or with officials in Moscow. We even heard that Manafort and Deripaska had disputes that were resolved in court, but we in the Kremlin do not know any details, and President Putin …

  • Representative of Russian oligarch Deripaska threatens Manafort with 'legal consequences'

    There will be “serious legal consequences” for former head of Donald Trump’s electoral campaign Paul Manafort for “manipulating the investments” of Rusal president Oleg Deripaska. A representative of the Russian oligarch made such a comment with respect to NBC’s story on Manafort’s financial ties to Deripaska, Interfax reports.

    Deripaska has business contacts “with anyone and anywhere… exclusively in the interests of his business” the businessman’s representative added.

    In his opinion, NBC’s …