U.S. Exposes Attempted Sanctions Evasion Scheme Connected to Russian Oligarch

Image info: Sketch of the US Treasury from the book  Picturesque Washington, by Joseph West Moore. 1884. No restrictions. Wikimedia. Press release: U.S. Department of the Treasury – May 14, 2024.

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated one Russian individual and three Russia-based companies involved in an attempted sanctions evasion scheme in which an opaque and complex supposed divestment could have unfrozen more than $1.5 billion worth of shares belonging to U.S.-designated Russian oligarch Oleg Vladimirovich Deripaska (Deripaska). […]

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