Who is Oleg Deripaska?

March 11 (LPAC)—Oleg Deripaska is a Rothschild-controlled, organized-crime-linked Russian oligarch, whose fortunes, however, have plummeted, despite being wired into the Rothschilds. He was named by Forbes magazine in April 2008 as the richest Russian in the world. Six months later he was under pressure to repay substantial loans to the Royal Bank of Scotland (RBS). It has never been disclosed how much Deripaska borrowed from British banks, including RBS.

In Feb. 2009 the Telegraph reported that Deripaska, whose fortune had been estimated at between $28-40 billion, had lost nearly 90 percent and now had assets worth just $4.9 billion. Trying to keep afloat, he divested himself of a number of holdings, including Magna.

Deripaska, who is 42 years old, started out as a metals trader, and made much of his fortune by the age of 25, as a result of surviving the "aluminum wars" that erupted in the early 1990s. Today he is the owner of Basic Elements, a robber baron investment company established in 1997 with assets in Russia and abroad. He has a 20-million-pound house in London's Belgravia and speaks fluent English. He is married to Polina Yyumasheva, daughter of Boris Yeltsin's former chief of staff.

In July 2006, the US State Department revoked his American visa. The Wall Street Journal reported that the entry ban was tied to concerns that Deripaska might have ties to organized crime in Russia and concerns about the veracity of his statements on the matter to the FBI. Deripaska received a US multi-entry visa in 2005. Basic Element planned to buy a $1.54 billion stake in Magna International, which was making a bid for Chrysler. A Deripaska cash infusion into Magna could have helped to fund such a bid. The WSJ speculates that the revocation may have been on grounds of national security. Documents seen by the Sunday Times say that a Russian mobster, Anton Malevsky, was part of a protection racket involving Deripaska's company. Malevsky was killed in a parachute accident in South Africa in 2001. In 1995, about 35 people in the metals industry died in mysterious circumstances.

featuregraphic

SATURDAY : http://www.larouchepac.com/


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Global politics review. Monetary System Change. NEW Hamiltonian Credit System, before we descend to New Dark Age. USA/GLOBAL HAMILTONIAN CREDIT SYSTEM NOW !

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Birgir Rúnar Sæmundsson
Birgir Rúnar Sæmundsson

Interested in global politics, and survival of mankind and planet.

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