Summary
- The U.S. Treasury imposed sanctions on a Russian citizen and three Russia-based companies for attempting to evade U.S. sanctions
- The scheme could have unfrozen over $1.5 billion belonging to Russian metals tycoon Oleg Deripaska
- Deripaska, previously sanctioned in 2018, coordinated a transaction to sell his frozen shares in a European company with the help of the sanctioned individuals
- Sanctions were imposed on the individuals and companies for operating in Russia’s financial services sector
