By Maya Lester KC & Michael O’Kane

Russia’s En+ Group presents final plan to OFAC for sanctions relief

Russia’s energy-related En+ Group has presented its final plan to OFAC in a bid to free the group from US sanctions which were imposed on 6 April 2018. Under the proposal, Russian ‘oligarch’ Oleg Deripaska has agreed to reduce his current stake in En+ Group to below 45% (currently around 66%), primarily through the transfer of shares to Russian bank VTB,...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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