Date: a week ago   Category: Investigations

The USA explained removal of sanctions from Deripaska's RUSAL


The U.S. Treasury Secretary Stephen Mnuchin made before the American congressmen the report on removal of sanctions from the En, RUSAL and EuroSibEnergo companies. The text of the statement is published on the website of the American Ministry of Finance. According to the head of department, the decision to cancel sanctions has no political motivation. He emphasized that these companies play an important role in the world market of aluminum, and they fell under sanctions only because they were controlled by the Russian businessman Oleg Deripaska. Today, Mnuchin emphasized, En, RUSAL and EuroSibEnergo undergo significant changes in the field of restructuring and management and also undertook to provide to the Ministry of Finance of the USA the unprecedented level of transparency in the actions. "The treasury will vigilantly watch that En and RUSAL fulfilled these obligations. If these companies do not satisfy a condition, they will face very real and fast consequences, including repeated imposition of sanctions" — Mnuchin assured. In December, 2018 it became known that the U.S. Department of the Treasury intends to bring Deripaska's companies out of sanctions within 30 days. Members of the House of Representatives of the Congress subjected this decision to severe criticism. Politicians are afraid that the Russian businessman retained control over the companies. "The film of day" is more than important news in Telegram channel. Subscribe!

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