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November 04, 2018
Two Capitals, One Russian Oligarch: How Oleg Deripaska Is Trying to Escape U.S. Sanctions
Source: The New York Times
Journalists Andrew Higgins, Kenneth Vogel
This spring, a British lord with deep ties to the governing Conservative Party and a reputation as a do-gooder environmentalist arrived in Washington on an unlikely mission: to save the business empire of Oleg Deripaska, one of Russia’s most infamous oligarchs.
Mr. Deripaska was in deep trouble. In April, the Trump administration had announced sanctions on oligarchs close to President Vladimir V. Putin, and on their companies, as punishment for Russian interference in the 2016 presidential election and for other hostile acts. A billionaire who controls the world’s second-largest aluminum company, Mr. Deripaska faced possible ruin.
Portrayed as little more than a thug by his critics and suspected by United States officials of having ties to Russian organized crime, Mr. Deripaska, 50, has spent two decades trying to buy respect in the West. London welcomed him; Washington still mostly has not. Successive administrations have limited his ability to travel to the United States.
Even Mr. Putin was unable to resolve the situation when he interceded personally with Presidents George W. Bush and Barack Obama on Mr. Deripaska’s behalf.
Read the full article and more in The New York Times.