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  1. #1
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    US lifts sanctions on Putin ally's firms

    Source: BBC News

    The Trump administration has lifted sanctions on three firms linked to Russian oligarch Oleg Deripaska, an ally of President Vladimir Putin.

    Curbs on aluminium giant US Rusal, En+ Group and JSC EuroSibEnergo were lifted after Mr Deripaska ceded control.

    The oligarch has been linked to the probe into alleged Russian interference in US elections, and Democrats wanted the sanctions to continue.

    But the Treasury Department said curbs on oligarch himself remained in force.

    The companies were blacklisted last April when the Trump administration targeted people and businesses it said had profited from a Russian state engaged in "malign activities" around the world.

    That included Russia's alleged meddling in the 2016 US presidential election, as well as international cyber attacks.

    But earlier this month, Republicans in the US Senate blocked an effort to continue the sanctions against Rusal, the world's second largest aluminium firm and other Deripaska-linked firms.

    They and the Trump administration argued the curbs could have an impact on the global aluminium industry. They also said Mr Deripaska had lowered his stakes in the firms so that he no longer controlled them, a sign the sanctions were working.

    Mueller concerns

    In a statement on Sunday, the US Treasury Department said the three companies had also agreed to "extensive, ongoing auditing" to ensure they had no ties with the Russian billionaire.

    And Power company EN+, in which Mr Deripaska owned a controlling stake, welcomed the news from Washington. The London-listed company's shares plummeted when sanctions were announced last April have not recovered.

    The firm's chairman, Lord Barker of Battle said: "This is the first time independent directors of a London listed Russian company, with the strong support of minority shareholders, have successfully removed control from a majority shareholder as a direct response to US sanctions policy."

    But lawmakers across the political spectrum have said it is inappropriate to ease sanctions on companies tied to the oligarch while Special Counsel Robert Mueller investigates whether Mr Trump's 2016 presidential campaign colluded with Moscow.

    Mr Deripaska, 51, has been a recurring figure in the investigation and has ties to President Donald Trump's former campaign chairman Paul Manafort, who pleaded guilty in September 2018 to attempted witness tampering and conspiring against the United States.

    Last week Belarussian model Nastya Rybka was briefly detained by Russian police, having claimed to have evidence of Russian interference in the election campaign obtained from Mr Deripaska.

    Mr Deripaska has denied the allegations and successfully sued her.

    President Trump denies collusion, and Moscow has denied seeking to influence the US election on Mr Trump's behalf, despite US intelligence agencies' finding that it did so.

  2. #2
    Joseph Joestar's Avatar
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    Honestly i dont understand why he does stuff like this. Everyone is just looking for more connections between Trump and Russia what kind of idiot does this

    Spoiler!

  3. #3
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    Quote Originally Posted by Joseph Joestar View Post
    Honestly i dont understand why he does stuff like this. Everyone is just looking for more connections between Trump and Russia what kind of idiot does this
    Too bad there's no connection between trump and russia collusion, I just hope corporate democrats can get past this and talk about the issues that matter. If they plan to go after trump, I hope they're smart enough to get him on fraud.

    Fear is like fire.
    If you can control it, it can cook for you, it can heat your house.
    If you can't control it, it will burn everything and destroy you.
    Fear is your best friend or your worst enemy.

    Spoiler!


  4. #4
    Joseph Joestar's Avatar
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    swordsman thief


    Quote Originally Posted by Asta View Post
    Too bad there's no connection between trump and russia collusion, I just hope corporate democrats can get past this and talk about the issues that matter. If they plan to go after trump, I hope they're smart enough to get him on fraud.
    They probably won't

    Spoiler!

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