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

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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