US blocks company worth over $1bn linked to Russian oligarch
by AFP in Washington from US news | The Guardian on (#60YPJ)
Suleiman Kerimov secretly managed the Delaware-based Heritage Trust, says US treasury department
The United States has blocked a US-based company worth more than $1bn linked to Russian oligarch Suleiman Kerimov, saying the ally of President Vladimir Putin used it to funnel and invest shadowy funds.
The treasury department said that Kerimov, a billionaire active in Russian politics, secretly managed the Delaware-based Heritage Trust which put its money into a number of large public companies.
Continue reading...