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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump admin to lift sanctions on firms owned by Russian oligarch Deripaska
The Trump administration plans to lift sanctions on companies owned by Russian oligarch Oleg Deripaska after he significantly reduced his ownership stake in them.
The Treasury Department announced Wednesday that it would lift financial sanctions on Deripaskas aluminum company, United Co. Rusal, as well as En+ Group plc and JSC EuroSibEnergo in 30 days after Deripaska agreed to reduce his ownership in the each of the companies to below 50 percent.
Deripaska, a billionaire aluminum magnate with close ties to Russian President Vladimir Putin, will remain sanctioned and his property blocked.
Treasury sanctioned these companies because of their ownership and control by sanctioned Russian oligarch Oleg Deripaska, not for the conduct of the companies themselves, Treasury Secretary Steven Mnuchin said in a statement.
https://thehill.com/regulation/national-security/422122-trump-admin-to-lift-sanctions-on-firms-owned-by-russian-oligarch
TheBlackAdder
(28,168 posts)C_U_L8R
(44,992 posts)Our country is run by criminals
BlueJac
(7,838 posts)Moostache
(9,895 posts)There is no chance in hell that this is 100% on the level...Trump is in to the Russians to his eyeballs and he HAS to make good or else...IMO.
triron
(21,984 posts)peggysue2
(10,825 posts)demanded be allowed to attend the DAVOS forum indicating that he (Putin) would be a no-show otherwise.
Trumpski is following Kremlin orders carefully because the BOOM is hanging over the Administration's head.
Nowhere to go, nowhere to hide.
NewJeffCT
(56,828 posts)is he?