Deripaska because of the sanctions, returned leased aircraft

Russian aluminum magnate was included in the sanctions list on 6 April

Russian aluminum magnate Oleg Deripaska returned three leased private aircraft because of the sanctions imposed against it by the United States, said Thursday the company Freestream, which was tasked to sell the planes.

We are talking about jet aircraft, business class produced by Gulfstream Aerospace, which are in demand from wealthy clients due to the large range and comfortable interiors. Currently aircraft for sale; two of them priced at 29,95 million dollars each.

Deripaska’s decision to return the aircraft an indication of how much sanctions have affected his business Empire, referring not only RUSAL, sales and supply channels were severely disrupted.

Director of the company Freestream reported that the aircraft belonged to Credit Suisse and Raiffeisen and has been leased through a management company controlled by Deripaska’s structures.

According to him, the aircraft flew “top management, including himself Deripaska”. “Subject to sanctions against his companies in the sanctions, so he had to return the aircraft. According to the sanctions regulations, it needs to prematurely terminate the contracts of leasing”, – he added, without specifying on what exactly the sanctions rules in question in this case.

The employee a press-services “Rusala” has declared that the company refuses to comment.

A Credit Suisse representative declined to comment on the specific situation, but said: “Credit Suisse is cooperating with international regulators in all areas that affect our business, including compliance with the requirements related to the recent sanctions against Russia.”

The official representative of Raiffeisen said that cannot give comments since may 10, in Austria a day off. She added: “In connection with the requirements of banking secrecy, we cannot comment on situations with potential clients.”

Deripaska was among the Russian citizens and companies in respect of which United States 6 April imposed sanctions because he and his fellow oligarchs took advantage of the “malicious activity” of the Kremlin all over the world.