Sanctioned Russian billionaire retains control of Aughinish parent company, Sweden finds
Swedish tax authorities have ruled that the Russian metals giant Rusal remains under the control of sanctioned oligarch Oleg Deripaska. This decision has led to frozen assets in Sweden and increased pressure on Ireland to address the status of the Aughinish Alumina refinery.
Why it matters
The ruling highlights the complexities of enforcing international sanctions on Russian-linked entities and their supply chains during the ongoing war in Ukraine.
Swedish authorities have determined that Rusal , the metals giant that owns the Aughinish Alumina refinery in Co Limerick , remains under the control of sanctioned oligarch Oleg Deripaska.
The report relies on official regulatory findings and government statements to describe the situation.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in