General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOligarch Deripaska announced his departure from the aluminum business a week before
DT announced he'd be imposing tariffs on aluminum.
But that's just a coincidence, right?
https://www.cnbc.com/2018/02/23/russian-magnate-deripaska-to-quit-role-as-rusal-president.html
Russian billionaire Oleg Deripaska plans to step down as the president of aluminium giant Rusal, the company said in a statement on Friday.
The change comes less than a month after the inclusion of Deripaska and dozens of tycoons on a U.S. government list of Russian oligarchs. While it is not a sanctions list, Western banks may be reluctant to deal with companies whose owners are included.
Deripaska also plans to quit the same role in En+ Group, another company he controls, two sources familiar with the matter told Reuters on Feb. 19.
Hong Kong-listed Rusal is one of the world's largest aluminium producers. Deripaska's En+ owns a 48 percent stake in Rusal, which is a big consumer of hydroelectricity produced by En+'s power companies.
dalton99a
(81,452 posts)lagomorph777
(30,613 posts)mopinko
(70,081 posts)Leghorn21
(13,524 posts)While it is not a sanctions list, Western banks may be reluctant to deal with companies whose owners are included.
Yeah, well see how that goes, right?
Thanks as ever, mom
Hortensis
(58,785 posts)Putin himself is believed to be the wealthiest man on the planet synonymous to being the most successful kleptocrat.
I think we should assume he's in this also. Certainly that he took a nice little profit from it to offset some of the losses we're causing him. He also loves mocking and turning the knife.
I can take a lot of contemptuous smirking from this little creep who cannot understand greatness, much less be called to it. But I want him taken down, and I don't care who actually does it.
Hekate
(90,645 posts)My husband got us almost completely out of the stock market this week -- We are such small fry compared to the people intent on wrecking our economy. Hubby's not retired yet, but we are both over 70, and if stocks tank we don't have time to recover.
For us, like others I'm sure, the timing was all about Trump's insane behavior and the way it influences the volatility of the market.
Deripaska and Icahn? They would steal our life savings and walk away like a bully stealing a kid's lunch money. Well, worse, because the oligarchs don't know or care that people like you and me even exist.
smirkymonkey
(63,221 posts)He's only making it easier for Mueller.
Chakaconcarne
(2,444 posts)Trump and the gop must have 2018 bagged...
as much scrutiny as they are under, they honestly think people aren't going to catch this?
pangaia
(24,324 posts)Bernardo de La Paz
(48,994 posts)https://medium.com/.../newly-discovered-evidence-suggests-oleg-deripaska-may-own-...
Feb 9, 2018 - Newly discovered financial documents and ownership history records suggest that the Kremlin-connected oligarch Oleg Deripaska may own part of the ... Former Trump campaign manager Paul Manafort was deeply in debt to Deripaska, at one point asking how he can use his position on the Trump team to ...
https://www.telegraph.co.uk/.../oligarchs-mistress-offers-info-trump-russia-ties-us-asyl...
2 days ago - Anastasia Vashukevich is seen on a yacht allegedly belonging to oligarch Oleg Deripaska, whom she filmed discussing US relations with a top Russian ... The meeting reportedly happened in August 2016, a month after Trump campaign manager Paul Manafort offered Mr Deripaska private briefings in an ...
Wikipedia on Deripaska:
On 22 March 2017, the Associated Press published a report alleging that Paul Manafort, Donald Trump's former presidential campaign manager, negotiated a $10 million annual contract with Deripaska to promote Russian interests in politics, business, and media coverage in Europe and the United States, starting in 2005.[93] Both Deripaska and Manafort have confirmed to have worked together in the past,[94] but rejected the contents of the AP story. Manafort argued that his work had been inaccurately presented, and that there was nothing inappropriate or nefarious" about it.[95]
Responding to the allegations, on March 28, 2017, Deripaska published open letters in the print editions of The Washington Post and The Wall Street Journal, in which he denied having signed a $10 million contract with Manafort in order to benefit the Putin government.[96] He also stated his willingness to testify before the United States Congress to dispel these allegations,[97] and argued that the accusations fall "into the negative context of current US-Russian relations."[98] According to Congressional sources cited by The New York Times, lawmakers declined Deripaska's request, after it emerged that he had asked for immunity. Unnamed officials argued that "immunity agreements create complications for federal criminal investigators".[99]
On May 15, 2017, Deripaska filed a defamation and libel lawsuit against the Associated Press in a U.S. District Court in D.C., arguing that[100] the outlet's report falsely claimed that Deripaska had signed a contract with Manafort to advance the goals of the Russian government.[101] However, the lawsuit was dismissed in October 2017 on the grounds that Deripaska had not disputed "any material facts" in the story by the Associate press [102]
During the 2016 Presidential campaign, Manafort, via Kiev-based operative Konstantin Kilimnik, offered to provide briefings on political developments to Deripaska, though there is no evidence that the briefings took place.[103][104] Behaviors such as these were seen as an attempt by Manafort to please an oligarch tied to Putin's government.[105]
pnwmom
(108,976 posts)pangaia
(24,324 posts)I hope somebody is taking notes.
dixiegrrrrl
(60,010 posts)Ilsa
(61,694 posts)his multi-million dollar tax cuts! Lots of back-scratching happening, all illegal.