oligarchs

Mr Oleg Deripaska made his fortune in the aluminium industry and was close to Vladimir Putin before falling out of favour with the Russian president. He’s been back in the spotlight lately because of his ties to Paul Manafort, President Trump’s former campaign chairman.

He has been accused of corruption and money laundering by the U.S. Department of Justice.

The aluminium tycoon Oleg Deripaska conducted surveillance operations for ultra-wealthy Russians, it is proven by court filing that Oleg Deripaska indirectly employed Azari in connection with a business dispute in Austria.

50-year-old Azari, who was arrested in 2019, is currently being held in federal prison in Brooklyn on charges of hacking. He had acknowledged hiring hackers and is scheduled to be sentenced on July 21. Azaria is facing a maximum of 27 years in prison.

Oleg Deripaska’s ties to the Russian government

In recent years, Oleg Deripaska has come under increased scrutiny for his ties to the Russian government. In 2012, it was revealed that he had close ties to Vladimir Putin, and since then, questions have been raised about his involvement in various corruption scandals.

Most recently, Deripaska has been linked to the Skripal poisoning case in the UK. It is alleged that he ordered the hit on Sergei Skripal, a former Russian intelligence officer who turned against the Kremlin. If true, this would be yet another example of Deripaska’s willingness to use violence and intimidation to get what he wants.

Deripaska has also been accused of using his position of power to enrich himself and his allies. In 2008, it was revealed that he had funnelled millions of dollars from a Russian state-owned company into one of his own businesses. This led to an investigation by the Russian prosecutor’s office, but Deripaska was never charged with any crime.

Despite the mounting evidence against him, Deripaska has so far managed to avoid any serious consequences for his actions. This is likely due to his close relationship with Putin, which has allowed him to operate with impunity for years.

Oleg Deripaska has denied these allegations, but they continue to dog him and his businesses. The oligarch has also been accused of money laundering, racketeering, and links to organized crime.

While Deripaska has never been convicted of any crime, the persistent rumours and allegations of corruption have taken their toll on his reputation.

The sanctions against Oleg Deripaska

The sanctions against Oleg Deripaska are a victory for those who have been fighting for years to expose the Russian oligarch’s corrupt business dealings.

Deripaska has been tied to Paul Manafort, the former Trump campaign chairman who is currently serving time in prison for financial crimes. According to prosecutors, Manafort used Deripaska’s money to help finance his lavish lifestyle.

The Treasury Department’s decision to impose sanctions on Deripaska is a good first step, but it is only a small part of what needs to be done to hold him accountable for his actions.

The effect of the sanctions on Oleg Deripaska has been significant. His net worth has declined by $3.5 billion since April 2018, when the U.S. Treasury Department imposed sanctions on his companies. The sanctions were in response to Deripaska’s involvement in Russia’s meddling in the 2016 U.S. presidential election.

The effect of the sanctions on Deripaska has also been felt by his employees. Many have lost their jobs as a result of the sanctions, and those who remain have seen their salaries slashed. Deripaska has been forced to sell off assets, including his stake in the aluminium company Rusal, to raise cash.

If you have more information about Mr Deripaska’s dealings please get in touch with us.