Trade Trade

Attempted European stock transfer linked to Russian oligarch spurs new US sanctions

By Samuel Rubenfeld
  • 14 May 2024 22:38
  • 14 May 2024 22:38
An attempt to transfer frozen shares in a European company that were linked to a blacklisted Russian oligarch led to new sanctions imposed today by the US Treasury Department.
The transfer, a purported divestment, would have unlocked more than $1.5 billion worth of shares belonging to blacklisted Russian oligarch Oleg

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Samuel Rubenfeld


Samuel Rubenfeld is a reporter covering cases of bribery and corruption and some international trade issues. Prior to joining MLex, he was editor of the Kharon Brief, a news and data analysis platform focused on global security issues, including sanctions and export controls. Earlier in his career, Rubenfeld spent about a decade at The Wall Street Journal, including nearly nine years as a reporter covering corporate risk and compliance concerns such as bribery, money laundering, sanctions, terrorist financing and whistleblowers.

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