Russian Businessman Deripaska Sues US Treasury Over Sanctions Designation - Court Filing

Russian Businessman Deripaska Sues US Treasury Over Sanctions Designation - Court Filing

Russian businessman Oleg Deripaska, whose net worth has fallen more than $7.5 billion, has filed a lawsuit against the US Department of Treasury Office of Foreign Asset Control (OFAC) after he was included in a recent wave of US sanctions against Russia, a court filing revealed on Friday

WASHINGTON (UrduPoint News / Sputnik - 15th March, 2019) Russian businessman Oleg Deripaska, whose net worth has fallen more than $7.5 billion, has filed a lawsuit against the US Department of Treasury Office of Foreign Asset Control (OFAC) after he was included in a recent wave of US sanctions against Russia, a court filing revealed on Friday.

"Deripaska respectfully requests that this Court: Issue an order vacating Deripaska's designations under EO 13661 and EO 13662 and removing his name form OFAC'S SDN [Specially Designated Nationals] List; Issue an order directing Defendants to rescind Deripaska's designations under EO 13661 and EO 13662 and remove his name from OFAC'S SDN List," the court filing said.

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