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Treasury Dept. Lifts Sanctions on Russian Oligarch’s Business Empire

HeadlineDec 21, 2018

In more news from the Trump administration, the Treasury Department announced Wednesday it will lift sanctions on Russian oligarch Oleg Deripaska’s businesses. The companies were sanctioned in April after Deripaska was accused of “threatening the lives of business rivals, illegally wiretapping a government official, and taking part in extortion and racketeering.” Deripaska himself will still be subject to sanctions. Deripaska, who has close ties with Russian President Vladimir Putin, has appeared in special counsel Robert Mueller’s investigation into Russian election interference, in connection with his dealings with former Trump campaign chair Paul Manafort.

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