A Russian billionaire has filed a lawsuit against the US Treasury, demanding to remove him from “the Kremlin list” – news ZIK.UA

Російський мільярдер подав у суд на Мінфін США, вимагаючи прибрати його з «кремлівського списку» – новини ZIK.UA

A businessman of Russian origin Valentin Gapontsev said that the publication of his name in the “Kremlin report” of the U.S. Treasury, he started to have problems with contractors.

It is reported gordonua.

Information about the lawsuit are posted in the database of the court. On December 4, she was noticed by Forbes.

Businessman represented by the law firm Norton Rose Fulbright. Gapontsev and his firm for the production of photonic lasers IPG Photonics requires the court to declare illegal the decision Mnuchin and the Ministry of Finance to remove the name of the businessman from “the Kremlin list” and to pay court costs.

January 29, 2018 the U.S. Treasury Department submitted to Congress the “Kremlin report” – a list of 114 persons and 96 of oligarchs close to the “Russian regime”. The report mentioned all the Russian Ministers, assistants and advisers of President Vladimir Putin, heads of Moscow and St. Petersburg, as well as businessmen with a fortune over $1 billion.

The report was required by the law “On combating the enemies of America with the help of sanctions” on introduction of restrictive measures against Iran, Russia and North Korea.

The list of “oligarchs” was published with the unclassified part of the report, it does not provide for sanctions. On 6 April the US imposed sanctions on 24 Russian businessmen and senior officials from the list.

According to Gapontseva, a list of the US Treasury was made without conducting a serious investigation, and the Treasury “is actually reprinted the list of Russian billion Forbes magazine”.

The businessman is a citizen of Russia and the United States, he founded IPG Photonics for about 20 years in Massachusetts and has more than 2 thousand employees. The lawsuit States that in 2018 the American Forbes put Gapontseva 791-e a place in the list of the richest Americans with a fortune of $3 billion.

According to the Russians, the entry in the list of the Ministry of Finance “caused damage to the company which he heads”. Contractors IPG Photonics announced that the company designated as such that is in the list of sanctions. The complaint States that “at least one counterparty is” suggested that IPG Photonics can not do business with American citizens and companies, and American officials and firms that cooperate with the company, acknowledged IPG Photonics troubled firm.

The lawsuit stated that 98% of the assets Gapontseva located in the United States through trusts, he controls 31% of IPG Photonics. The company’s earnings in 2017 amounted to $1.4 billion.

Leave a Reply

Notify of