A Russian oligarch, who at one time had financial ties to former Trump campaign manager Paul Manafort, is suing Treasury Secretary Steven Mnuchin and the US Treasury Department over financial sanctions imposed on him
The Russian oligarch Oleg Deripaska, who at one time had financial ties to Paul Manafort, is suing Treasury Secretary Steven Mnuchin and the US Treasury Department over financial sanctions imposed on him amid a congressional crackdown on Russian interests over meddling in the 2016 presidential election.
Deripaska says in court filings that he's lost $7.5 billion of his net worth since he was sanctioned in early 2018. His remaining businesses are near"the brink of collapse," with banks no longer wanting to lend to him and as he has lost business. The Russian government has also threatened to take over some of his businesses, he said in the complaint.
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