Tycoon Deripaska says Western firms shouldn't be pressured to sell Russian assets

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Tycoon Deripaska says Western firms shouldn't be pressured to sell Russian assets
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Russian billionaire Oleg Deripaska has said that Western investors should not be pressured to sell their Russian assets, a practice he said was dishonest...

FILE PHOTO: Russian billionaire Oleg Deripaska attends the St. Petersburg International Economic Forum

Some Western investors who have remained in Russia say they have come under pressure to sell up, being offered bargain-basement prices and threatened with effective expropriation. Since the invasion of Ukraine, Deripaska himself has been sanctioned by Britain for his alleged ties to Putin. He has mounted a legal challenge against the sanctions which he says are based on false information and ride roughshod over the basic principles of law and justice.

Deripaska has also been subjected to sanctions by the United States, which in 2018 took measures against him and other influential Russians because it said they were profiting from a Russian state engaged in "malign activities" around the world. Fact Check: Trump Supposedly Said Hitler 'Did Some Good Things.' We Looked for Evidence to Corroborate It

TERRACE, BRITISH COLUMBIA — A letter from Opposition Conservative Leader Pierre Poilievre to British Columbia Premier David Eby, asking him to help halt a federal carbon price increase, was dismissed by Eby as a "baloney factory" campaign tactic. Poilievre's letter sent Friday asked Eby to join seven other premiers in opposing the April 1 increase, saying the 23 per cent rise amounts to an extra 18 cents on a litre of fuel, and people in B.C. and Canadians can't afford it.

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