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Sanctions – Russia. Oleg Dieripaska tried to “unfreeze” his fortune. There is US intervention

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The US Ministry of Finance imposed sanctions on a network of entities and a person associated with the Russian oligarch Oleg Dieripaska for trying to “unfreeze” his shares in the Strabag company. The tycoon's frozen assets are valued at over $1.5 billion.

According to a statement from the Treasury Department, the oligarch planned to take control of his company, Rasperia Trading, through his partner Dmitry BeƂoglazov and two companies related to him.

An attempt to unfreeze billions

According to the American authorities, it was an attempt to unfreeze Dieripaska's shares blocked by the EU, worth USD 1.5 billion, and formally owned by Rasperia. Through this company, the Russian owned 24 percent. shares of the Austrian construction company Strabag.

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– Anyone still doing business in or with Russia should be skeptical of arrangements (…) that involve shell companies or partners linked to sanctioned oligarchs. Corporate transactions and acquisitions can be used to launder money and circumvent sanctions, Brian Nelson, deputy head of the US Department of Finance, said in a statement.

Who is Dieripaska?

Dieripaska is one of the richest Russians and also an oligarch close to Vladimir Putin.

For this reason, even before the full-scale Russian invasion of Ukraine, it was subject to sanctions from the US, the European Union, Great Britain, Canada, Australia and New Zealand. His current fortune is estimated by Forbes at $2.8 billion.

Main photo source: YURI KOCHETKOV/EPA/PAP

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