Deripaska has left the Board of Directors of "RUSAL"

The basic owner "Rusala" Oleg Deripaska has left the Board of Directors, according to the report of the organization.

in circulation it is reported that Deripaska had resigned to protect the interests of the shareholders in connection with punishments the US.

A week before, on may 18, Firm En Group announced the exit of Deripaska from its Board of Directors. His dismissal triggered with " Barker ", implying the removal of penalties with the organization by discontinuing the monitoring of the entrepreneur over En . This solution begins to act on June 28. They are said to " not have nominated themselves for re-election at the annual meeting of shareholders to be held on 28 June or at approximately This time." Penalties against RUSAL

in early April, the US imposed against Russia fresh restrictive measures. In the sanctions list included a Number of large business and the organization under their control, such as Deripaska and His En Group, GAS, Basic element and RUSAL companies.

Inclusion in the list entails the freezing of assets in the United States and a ban for us citizens any business with these companies, and among them the operations with debt and equity instruments.

then started to collapse in securities prices of many Russian companies and credit organizations. So, "RUSAL" for the 1st month is has lost about 96 billion market capitalization. A number of Its trading partners has announced the revision of contracts.

later in the capital of the USA revealed that have the ability to remove penalties from RUSAL if Deripaska refuses surveillance over the firm. The U.S. Treasury Department has extended until October 23, a period during which American citizens and organizations are required to collapse all the contracts and stop the cooperation with the aluminum giant.

at the end of April, "Kommersant", citing sources wrote that Oleg Deripaska has started dialogues with partners in RUSAL on the issue of termination of joint contract.


sections: Politics