Russian metals tycoon says US Treasury sanctions against him are 'balderdash' [FOX News]
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NASDAQ:AMEX Investor Relations:
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Source: FOX News
Russian tycoon Oleg Deripaska dismissed the latest U.S. sanctions on a series of companies that the U.S. Treasury said were connected to a scheme to evade sanctions and unlock frozen shares as nonsense. "This balderdash isn't worth the time," Deripaska said by message via a spokesperson in response to a Reuters request for comment about the latest U.S. sanctions. "While the horrific war in Europe claims hundreds of thousands of lives every year, politicians continue to engage in their dirty games. I strongly believe that we need to do everything we can to establish peace, not serve the interests of warmongers," he said. The U.S. Treasury on Tuesday announced it had sanctioned a web of Russian companies it said were being used to disguise ownership of a $1.6 billion industrial stake controlled by Deripaska. Austria's Raiffeisen Bank International was planning to buy the stake and dropped the transaction following mounting U.S. pressure to abort the bid. In its sanctions anno
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