MOSCOW – The U.S. Treasury may lift sanctions restrictions from Rusal if principal owner Oleg Deripaska is no longer in control of the company, a statement published by OFAC on Monday said.
Deripaska currently owns 48.13 percent of Rusal.
US Treasury may lift sanctions from Rusal if Deripaska gives up control
Russian billionaire Oleg Deripaska, who heads aluminium producer Rusal, attends the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 1, 2017.
