FBI Raids Washington Home Linked to Russian Billionaire Deripaska - Video
15:25 GMT 19.10.2021 (Updated: 13:25 GMT 06.08.2022)
© Sputnik / Artur GabdrakhmanovFBI has raided the Washington home of Russian billionaire Oleg Deripaska
© Sputnik / Artur Gabdrakhmanov
Deripaska and an array of his companies were slapped with sanctions by the US in 2018 over his alleged close ties to the Kremlin. Later, a number of his companies were relieved of the sanctions in exchange for him ceding direct control over the assets, but the businessman himself is still on American sanctions lists.
The Federal Bureau of Investigations is conducting "law enforcement activity" at the home of Russian businessman Oleg Deripaska in Washington, NBC News has reported, citing an FBI spokesperson. According to the channel's reporter, Tom Winter, the bureau's agents have restricted access to property.
The FBI has confirmed that it is conducting a "court-authorised" activity at the home, which is believed to be linked to the Russian businessman. The District of Columbia's property registry documents say the mansion was bought by Hestia International LLC in 2006 for $15 million. The Washington Post earlier claimed that Hestia International is linked to Deripaska.
The businessman's representative, in turn, told Sputnik that the FBI is searching two residences in the US that belong to relatives of Deripaska – one in Washington, DC and one in New York. The representative claims that the search warrants are related to the US sanctions against the businessman.
The FBI office in New York had no comments on the claims that the home of one of Deripaska's relatives was searched in the city as well. However, Sputnik’s correspondent reports that Gay Street, where the home belonging to Deripaska's relatives might be located, has been blocked off by the FBI.
The shares of the aluminium company Rusal, which was founded but is no longer controlled by Deripaska, dropped by around 2.8% on the news of the raid at his Washington home. His other company, En+ Group, has lost 4.27% since the news broke. The billionaire abandoned the presidential posts in these companies and reduced his ownership below 50%, reshuffling their boards in order to convince the US to lift sanctions that were imposed in 2018.
29 May 2019, 11:30 GMT
Washington slapped Deripaska and his businesses with sanctions along with several other Russian billionaires whom the US suspected to be "oligarchs" with close ties to the Kremlin as a result of adopting the Countering America's Adversaries Through Sanctions Act (CAATSA), which targets Russia. Deripaska tried to challenge the decision in 2019, claiming to have lost $7.5 billion due to Washington's actions, but lost. However, the US lifted sanctions from Rusal and his other businesses.