By Maya Lester KC & Michael O’Kane

OFAC delists RUSAL, En+ Group & EuroSibEnergo

Yesterday (27 January 2019), OFAC lifted sanctions imposed on RUSAL, En+ Group, and JSC EuroSibEnergo. The US Treasury first informed Congress of its intention to terminate these sanctions on 19 December 2018 (see previous blog). Under the terms of their de-listing, RUSAL, En+ Group, and JSC EuroSibEnergo have reduced Russian oligarch Oleg Deripaska’s shareholding in the companies and severed his control. The...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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