By Jonny Tickle and Bryan MacDonald
Billionaire Oleg Deripaska has poured cold water on American insinuations that he washed funds on behalf of President Vladimir Putin and other senior Russian officials.
According to Britain’s Financial Times (FT), Deripaska called the accusations “unsupported” and “just guesses, rumors and balderdash,” adding that if someone brought “something like this to a court in London … the judge would just tell them: ‘Please get lost.’”
On Friday, a letter written by the US Treasury’s Office of Foreign Assets Control (OFAC) was published by the FT, detailing the unclassified justifications of why the tycoon was sanctioned. The letter indicates six reasons, all of which include the word “reportedly” or “reported,” and provide no source or proof.
In April 2018, the US imposed penalties on a list of Russian oligarchs and top officials who were accused of “malign activity around the globe.” This new sanctions list included Deripaska, who founded RUSAL – once the world’s largest aluminum company.
Almost one year later, in March 2019, he sued OFAC in court, forcing the US Treasury Department to provide reasons
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