Contents tagged with Deripaska

  • Russian oligarch Deripaska expresses disappointment over sanctions imposed on him

    Russian oligarch Oleg Deripaska, who was recently placed on the expanded U.S. Department of Treasury sanction list, called the decision “ungrounded”, the Interfax news agency reports.

    “The events that happened yesterday were unpleasant but not unexpected,” Deripaska said. “The reasons for my inclusion on the sanction list are unjustified, ridiculous and downrightly absurd.”

    The oligarch refused to provide lengthier comments on the situation, noting that currently he “was preparing to …

  • Fortune of Russian oligarch Deripska shrinks by $2.5 billion after US puts him on sanctions list

    On Friday, April 6, the U.S. Department of the Treasury imposed new sanctions against Russian businessmen, officials and managers of state companies. They involve the freezing of assets of those included in the sanctions list and also prohibiting American citizens and companies to engage in any economic activity with the blacklisted individuals.  According to the U.S. Department of the Treasury, the sanctions were introduced in response to Moscow’s attempts at undermining western democracies.  …