New allegations have surfaced in the media that the U.S. government believes Russian billionaire Oleg Deripaska has deep and secretive financial links with Russian President Vladimir Putin by DavidGDawkins
broke the news Friday that Deripaska, the founder of Basic Element, a Russian industrial group with interests in aluminum, energy, construction and agriculture, has been accused by the U.S. Treasury Department of money laundering on behalf of Putin.cites a letter it reviewed that was sent by the U.S.
In the latest development in the long-running spat between U.S. and Russia over what’s described in a 2014 Executive Order as “the Situation in Ukraine,” the U.S. Treasury has cited reports of financial foul play to justify the sanctions against Deripaska and some of his companies in 2018. In April 2018 U.S. Treasury Secretary Steven T. Mnuchin accused the Russian government of engaging in “malign activity” including the occupation of Crimea and attempts to “instigate violence” in eastern Ukraine.
.” The suit claimed that “Deripaska, a private citizen of Russia, became the latest victim of this country’s political infighting and ongoing reaction to Russia’s purported interference in the 2016 U.S. presidential elections.” And the suit said the allegations against him “consist of nothing more than false rumor and innuendo and originate from decades-old defamatory attacks originated by his business competitors.
In that same lawsuit, Deripaska claimed that U.S. actions against his business led to the “wholesale devastation” of his “wealth, reputation, and economic livelihood.” Documents claim that Deripaska’s net worth has plunged by “$7.5 billion, or approximately 81%.”analyzed these claims after the suit was filed and arrived at a different conclusion: Deripaska’s net worth fell about 47%, to an estimated $3.6 billion, between the time he was put on a U.S.
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