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Zorro

(15,690 posts)
Fri Mar 15, 2019, 01:54 PM Mar 2019

Deripaska Sues to Block U.S. Sanctions, Citing $7.5 Billion Loss

Source: Bloomberg News

Russian businessman Oleg Deripaska sued the U.S. Treasury Department and Treasury Secretary Steven Mnuchin, seeking a U.S. court order lifting sanctions against him.

Deripaska is “the latest victim” of “political infighting and ongoing reaction to Russia’s purported interference” with the 2016 U.S. presidential election, according to the complaint filed Friday. He’s been unfairly and illegally targeted by Treasury’s Office of Foreign Assets Control, and his net worth has dropped by $7.5 billion due to the sanctions, according to the suit.

Spokesmen for the Treasury Department didn’t immediately respond to a request for comment.

Deripaska, the billionaire founder of En+ Group and United Co. Rusal, was among the most prominent tycoons penalized with sanctions by President Donald Trump’s administration. The move followed passage of a law to retaliate against Moscow for meddling in the election. The Treasury slapped sanctions on Deripaska, an ally of Russian President Vladimir Putin, and six other Russian oligarchs in April 2018 in response to the Kremlin’s “malign activity around the globe.”

Read more: https://www.bloomberg.com/news/articles/2019-03-15/deripaska-sues-u-s-treasury-to-block-sanctions-against-him



This takes a lot of chutzpah.
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procon

(15,805 posts)
5. He must have some reason to believe that Trump's new, handpicked
Fri Mar 15, 2019, 02:14 PM
Mar 2019

judges means the US courts would be more friendly to Russians.

Botany

(70,219 posts)
6. Isn't he the one that Manafort gave the data analytics (it was more than just polling data) to?
Fri Mar 15, 2019, 02:20 PM
Mar 2019

n/t

Qutzupalotl

(14,200 posts)
8. Kilimnik
Fri Mar 15, 2019, 02:51 PM
Mar 2019

But Manafort owed millions to Deripaska and tried to repay by getting Trump the R nomination.

Leghorn21

(13,506 posts)
9. Oh, he doesn't want us to call him an "oligarch"? No problem pal, we'll call you a "mobster", which
Fri Mar 15, 2019, 03:28 PM
Mar 2019

BY THE WAY is totally what you are!!

U.S. government sanctions have resulted in “the utter devastation of Deripaska’s wealth, reputation and economic livelihood,” according to the complaint. “Deripaska has been effectively shut out from the international business community and the global financial system.”


Wannhhh!!!

So here’s his lawyer:

Erich C. Ferrari, Esq.
Ferrari & Associates, P.C. 1455 Pennsylvania Ave., NW

Will be interesting to see if this Ferrari has lots of mob clients, or if this is his first...hey Mr. F, how will Oleg pay you if he’s SO FUCKIN BROKE?



UpInArms

(51,243 posts)
10. Derispaska can suck on it
Fri Mar 15, 2019, 03:28 PM
Mar 2019

Slimy POS ... he can go be cell mates with Manafort... and after that he can burn in hell

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