Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Billionaire is challenging sanctions over his alleged links to Vladimir Putin, describing them as ‘legally unreasonable’
A Russian oligarch sanctioned over his alleged links to Vladimir Putin has asked a court to render Australia’s sanctions regime invalid, documents show.
Australia imposed sanctions on billionaire Oleg Deripaska in March last year, a move that prevented him from travelling to Australia or profiting from his company’s stake in an alumina refinery in Gladstone, Queensland.
Roman Abramovich, one of the world’s richest men, was finally subjected to sanctions by the UK government after ministers accused him of having “clear connections” to Vladimir Putin’s regime and being among a group of businessmen who had “blood on their hands”.
The owner of Chelsea FC was one of seven Russians worth up to £15bn who had their assets frozen on Thursday and were banned from travelling to Britain in a move designed to dramatically increase pressure on the Kremlin over its invasion of Ukraine.
Russian billionaires Mikhail Fridman and Oleg Deripaska have become two of the country’s first leading businesspeople to speak out against Moscow’s full-scale invasion of Ukraine.
Fridman, who is one of Russia’s richest men, controls private equity firm LetterOne and was a founder of Alfa Bank, Russia’s largest private bank. In a letter to his employees he called for an end to the “bloodshed”.
US agents conduct search at property in capital’s north-west
Putin associate sanctioned by US treasury department in 2018
The FBI on Tuesday raided a Washington mansion linked to the billionaire Russian oligarch Oleg Deripaska, as part of what media reports described as a “court-authorised search”.
Agents could be seen entering the neoclassical property located in the north-west of the US capital and standing guard outside. They sealed off the driveway with yellow tape. It said: “Crime scene – do not enter.”
Democrats in Congress opposed move to lift restrictions
Deripaska is ally of Russian president Vladimir Putin
The Trump administration has lifted sanctions on three companies, including the aluminum giant Rusal, linked to Russian oligarch Oleg Deripaska. Democrats had led a push in Congress to continue the restrictions.
A U.S. lobbying firm sought to recruit the ambassadors of France, Germany and several other countries to demonstrate international support for severing Russian oligarch Oleg Deripaska's control of Rusal, the aluminum manufacturing giant sanctioned by Washington. Documents made public by the Justice Department show that Mercury LLC drafted messages for at least six envoys to send to senior U.S. government officials that expressed support for a plan to eliminate Deripaska's majority stake in the EN+ Group, the holding company that owns nearly 50 percent of Rusal.
Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies as President Donald Trump's aggressive foreign policy hits home, forcing him to cut ties with billionaires Oleg Deripaska and Dan Gertler. The U.S. actions demonstrate the rising risk from international sanctions for companies like Glencore, which has built a global business by cutting deals with powerful people, and leaves the trader without its key men in two major markets.
By JOSH LEDERMAN Associated Press WASHINGTON - The United States punished dozens of Russian oligarchs and government officials on Friday with sanctions that took direct aim at President Vladimir Putin's inner circle, as President Donald Trump's administration tried to show he's not afraid to take tough action against Moscow.
File-This Nov. 10, 2017, file photo shows Russia's President Vladimir Putin, left, and Russian metals magnate Oleg Deripaska, right, walking to attend the APEC Business Advisory Council dialogue in Danang, Vietnam. The United States punished dozens of Russian oligarchs and government officials on Friday, April 6, 2018, with sanctions that took direct aim at President Putin's inner circle, as President Donald Trump's administration tried to show he's not afraid to take tough action against Moscow.
The United States punished dozens of Russian oligarchs and government officials on Friday with sanctions that took direct aim at President Vladimir Putin's inner circle, as President Donald Trump's administration tried to show he's not afraid to take tough action against Moscow. Seven Russian tycoons, including aluminum magnate Oleg Deripaska, were targeted, along with 17 officials and a dozen Russian companies, the Treasury Department said.
The squeeze is on Paul Manafort, the former chairman of Donald Trump's campaign who has become a major target of special counsel Robert Mueller's aggressive investigation. The latest details from the Washington Post describe email evidence that Manafort offered "private briefings" about the Trump campaign to a Kremlin-backed billionaire.
Before he worked for the Donald Trump presidential campaign, Paul Manafort worked for a Russian billionaire to help promote Russian president Vladimir Putin's agenda in the United States. The White House and Manafort blew off AP's report on Wednesday, but the stench of corruption in the air just keeps getting stronger.
In this Sept. 19, 2014 file-pool photo, Russian President Vladimir Putin, right, shakes hands with Russian metals magnate Oleg Deripaska while visiting the RusVinyl plant in Kstovo, in Russia's Nizhny Novgorod region.
President Donald Trump's former campaign chairman, Paul Manafort, secretly worked for a Russian billionaire to advance the interests of Russian President Vladimir Putin a decade ago and proposed an ambitious political strategy to undermine anti-Russian opposition across former Soviet republics, The Associated Press has learned. The work appears to contradict assertions by the Trump administration and Manafort himself that he never worked for Russian interests.