US rejects Deripaska’s sanctions appeal

US rejects Deripaska's sanctions appeal

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The Supreme Court of the United States rejected the claim of the Russian businessman Oleg Deripaska, in which he tried to appeal against the sanctions imposed against him.

In particular, the businessman pointed out that the US Treasury “exceeded its powers” when it introduced restrictive measures against him in 2018.

Recall that in 2018, the US authorities imposed sanctions against the businessman, as well as a number of his companies, including Rusal and En +. He was banned from entering the country and his assets were frozen. However, a year later, the sanctions were canceled when Deripaska’s share in the companies decreased. According to the businessman, the damage from sanctions is $7.5 billion.

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