Russian oligarch Deripaska sues Western media over US sanctions - ForumDaily
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Russian oligarch Deripaska sues Western media over US sanctions

The Krasnodar Arbitration Court of the Kuban will consider Oleg Deripaska’s lawsuit on protecting goodwill against the Times, Telegraph, and Nation magazine.

According to the press service of the court, Deripaska’s lawsuit against publishing companies Times Newspapers Limited, Telegraph Media Group Limited and The Nation Company LLC about protecting business reputation was registered on Friday, September 13. Hearings have not yet been scheduled, writes Rtvi with reference to Interfax.

The lawsuit is related to sanctions against a businessman. As a justification for the sanctions, the US Treasury Department cited three newspaper articles that were published in foreign media more than ten years ago, an official spokesman for Oleg Deripaska told Vedomosti. He also emphasized that the charges set forth in the publications “have never been confirmed in court and do not correspond to reality”.

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In April 2018, the United States imposed sanctions against the businessman and his eight companies. They are included in the Specially Designated Nationals list. Persons on this list are prohibited from entering the United States, their assets are blocked, and US citizens are prohibited from having any business relations with them. In January 2019, the US Treasury lifted sanctions from En +, UC Rusal, and Eurosibenergo, as Deripaska abandoned control over them. Later, the businessman tried to challenge the sanctions in a Washington court.

According to Deripaska, he was the victim of a political struggle because of "Russia's alleged interference in the US presidential election of 2016 of the year."

Due to sanctions against Deripaska and his companies, the businessman lost about $ 7,5 billion or 81% of his fortune.

In 2017, Deripaska filed a defamation lawsuit against the American news agency Associated Press. The businessman demanded to refute information about his allegedly "criminal activity" related to cooperation with the former head of the presidential campaign headquarters of President Donald Trump Paul Manafort.

As ForumDaily wrote earlier:

  • 15 March 2019 year of Deripaska sued in Washington lawsuit against the US Department of the Treasury. The businessman demanded that the sanctions imposed against him in 2018 be lifted. According to court materials, Deripaska estimated financial losses from sanctions at $ 7,5 billion.
  • “I have spent 30 years of my life creating companies that are major players in the global economy, and I won’t allow this hard work - along with millions of jobs and livelihoods - to be destroyed by political intrigue,” the businessman said. Later himself Deripaska explainedwhy sued the USA.
  • 11 June 2019 year, about three dozen employees of the GAZ automobile plant owned by Deripaska, went on a picket against sanctions in the center of Moscow near the US Embassy. On the posters were the slogans “Do not push on GAZ!”, “Sanctions against GAZ - sanctions against me and my children.” There were also several posters with inscriptions in English: “Sanctions kill cooperation”, “Save GAZ, save me”, “Sanctions harm us, not Putin. Who are you fighting against? ”
  • The US Treasury Department imposed sanctions on Deripaska and his eight companies in April 2018: they were included on the Specially Designated Nationals list. Those involved in this list are prohibited from entering the United States, their assets in the United States are blocked, and persons from the United States are forbidden to have any business relationship with them. In January USA lifted sanctions from three Deripaska companies (the billionaire himself remained under sanctions). Democrats in Congress demanded to leave all sanctions in force. In particular, they claimed that the "oligarch" "promotes the malicious actions" of the Russian regime against the United States.

Read also on ForumDaily:

“Don't push on GAZ”: a protest against sanctions was held at the US Embassy in Russia. VIDEO

Where billionaires live: New York tops the top 10 of the richest cities in the world

After lifting the sanctions, Deripaska’s company began to invest billions of dollars in the United States

Our people Russian oligarch Deripaska RTVi news
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