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Europol: global sport under ‘greater risk’ of match fixing

AP — As the sporting world gradually emerge from months of coronavirus lockdowns, the European Union’s agency for law enforcement cooperation is warning against the “greater risk” of game-fixing by criminals. In a report published Wednesday focusing on the involvement of organized crime groups in sports corruption, Europol said criminals… Read More

UN experts: North Korea flouts sanctions on nukes, missiles

AP — U.N. experts say North Korea is flouting U.N. sanctions by expanding its nuclear arsenal and ballistic missile program and by exporting coal and illegally importing refined petroleum products in excess of its annual quota. The experts said in key sections of a report obtained Tuesday by The… Read More

Trump’s Bank Was Subpoenaed by N.Y. Prosecutors in Criminal Inquiry

The New York prosecutors who are seeking President Trump’s tax records have also subpoenaed his longtime lender, a sign that their criminal investigation into Mr. Trump’s business practices is more wide-ranging than previously known. The Manhattan district attorney’s office issued the subpoena last year to Deutsche Bank, which has been… Read More
10th June 2020
The long-running legal spat between billionaire Oleg Deripaska and Vladimir Chernukhin took another twist after the former Russian government minister demanded Deripaska be put in jail. Chernukhin, whose wife is one of the largest donors to the Conservative Party in the U.K., claims Deripaska breached a commitment to court… Read More
4th September 2019
Russian billionaire Oleg Deripaska wants a U.S. judge to lift sanctions against him because, he claims, the U.S. Treasury Department failed to prove he acted as an agent of Russian President Vladimir Putin. The Treasury’s Office of Foreign Assets Control, known as OFAC, punished Deripaska last year… Read More
13th June 2019
The United Kingdom must amend its disjointed approach to sanctions policymaking and enforcement ahead of the country’s departure from the European Union, a House of Commons committee said in a report Wednesday. The findings by the Foreign Affairs Committee cite concerns that the Foreign & Commonwealth Office has set… Read More
15th May 2019
First quarter net profit halved at United Company Rusal year-on-year as the lingering effects of U.S. sanctions and depressed global prices hit the Russian aluminum giant. However the weak performance is likely to be a one-off event, analysts said, as Rusal continues on the road to recovery following 10 months… Read More
16th April 2019
Rusal is making its first investment in the United States since Washington lifted sanctions against the Russian aluminum giant, teaming up with U.S. manufacturer Braidy Industries to build a mill in Kentucky. Rusal, the world’s largest aluminum producer outside China, announced the deal in one of the main markets for… Read More
18th March 2019
AP — Russian oligarch Oleg Deripaska filed a lawsuit Friday against the U.S. Treasury Department, saying the sanctions against him have caused a “wholesale devastation” of his wealth and reputation. The billionaire argues he was unfairly and illegally targeted by the U.S. government when he was slapped with sanctions… Read More
6th February 2019
The U.S. Office of Foreign Assets Control (OFAC) recently removed three companies from its Specially Designated Nationals (SDN) List, where they had been each designated under two Executive Orders as part of OFAC’s Ukraine-/Russia-related program. The delisting process for these firms, which was elongated due to the Congressional oversight… Read More
18th January 2019
AP — The Treasury Department appears set to lift sanctions on three companies connected to Russian oligarch Oleg Deripaska despite concerns from lawmakers in both parties who say the Trump administration should be tougher on Russian President Vladimir Putin and his allies. Treasury’s decision to ease… Read More
16th January 2019
AP — Treasury Secretary Steven Mnuchin is urging senators to vote against a Democratic resolution that would maintain sanctions on companies linked to Russian oligarch Oleg Deripaska [pictured]. Mnuchin met with Republican senators behind closed doors Tuesday in the hours before a planned Senate vote on… Read More
21st December 2018
The U.S. decision to lift sanctions on Russia’s Rusal (0486.HK), the world’s top aluminium producer outside China, is widely seen as a Christmas present for the company, global consumers of its metal, and the Russian stock market. But its co-owner and founder Oleg Deripaska will have mixed feelings, as the… Read More