Close
KTAR.com
News
Shows
Blogs
KTAR News on 92.3FM

Cash is king for sanctioned Russian, Venezuelan oligarchs

FILE - Russian businessman and founder of RUSAL company Oleg Deripaska speaks on the sidelines of the St. Petersburg International Economic Forum in St. Petersburg, Russia, Friday, June 17, 2022. Deripaska was charged in Sept. 2022 by a Manhattan federal court for violating U.S. sanctions. (AP Photo/Dmitri Lovetsky, File) FILE - A fisherman navigates past an inoperative oil drill on Lake Maracaibo in Venezuela, early Oct. 12, 2022.A 49-page indictment unsealed on Oct. 20 in New York federal court has charged seven individuals with conspiring to smuggle oil from PDVSA, purchase sensitive U.S. military technology, and launder tens of millions of dollars on behalf of wealthy Russian businessmen. (AP Photo/Ariana Cubillos, File)