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 Russias purported interference with the 2016 U.S. presidential election, according to the complaint filed Friday. Hes been unfairly and illegally targeted by Treasurys 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 didnt 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 Trumps 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 Kremlins 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.
dlk
(11,580 posts)Wounded Bear
(58,737 posts)Mandeville
(35 posts)FailureToCommunicate
(14,026 posts)SunSeeker
(51,745 posts)procon
(15,805 posts)judges means the US courts would be more friendly to Russians.
Botany
(70,613 posts)n/t
Qutzupalotl
(14,335 posts)But Manafort owed millions to Deripaska and tried to repay by getting Trump the R nomination.
Leghorn21
(13,527 posts)BY THE WAY is totally what you are!!
Wannhhh!!!
So heres 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 hes SO FUCKIN BROKE?
UpInArms
(51,285 posts)Slimy POS ... he can go be cell mates with Manafort... and after that he can burn in hell