The U.S. Treasury will exclude RUSAL and En+ group from the sanctions list
The office for foreign assets control of the U.S. Treasury Department (OFAC) has notified Congress about plans to exclude from the sanctions list, En+ and RUSAL of Oleg Deripaska.
The Ministry added that the Deripaska still in the black list, and assets of the businessman in which he owns more than 50%, will remain frozen.
Oleg Deripaska and controlled assets have been included in the SDN list on 6 April. Made therein to natural persons and companies denied access to the U.S. financial system. The period after which all transactions with RUSAL and En+ have to be interrupted repeatedly postponed.
In December a member of the foreign Affairs Committee of the U.S. Senate Robert Menendez wrote to the head of the U.S. Treasury Stephen Mnuchin a letter asking not to remove sanctions against the companies of mister Deripaska. According to the Senator, the restrictions should operate as long as RUSAL and En+ are controlled by the Russian businessman.
See also:
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- Oleg Deripaska shortened a helping hand
- NYT reported the United States attempts to recruit Deripaska