US lifts sanctions on Rosal and other Russian companies
WASHINGTON (Reuters) - US President Donald Trump's administration has stepped up sanctions on Russian aluminum giant Rosal and other Russian companies linked to industry polemics Olga Deribaska, defying a Democratic-led effort in Congress to keep sanctions.
Earlier this month, Republican members joined the Democrats in a failed attempt to keep sanctions on Rosal, its parent company En Plus and the electricity company JSC Euro-Sep-Energu.
Supporters of the sanctions maintain that Deripaska, an ally of Russian President Vladimir Putin, controls companies more than the lifting of sanctions imposed in April to punish Russia for annexing Crimea, trying to intervene in US elections and backing the Syrian government in the war.
But the US Treasury Department said in a statement on Sunday that the three companies had cut direct and indirect shares of Deripaska and that he no longer controls them.
"This move ensures that most of the directors of the IN PLUS and RUSAL Group are independent, including Americans and Europeans with no commercial, professional or family ties in Direpaska and anyone else subject to Treasury sanctions.