The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on an individual and three Russian companies involved in helping Russian oligarch Oleg Vladimirovich Deripaska evade sanctions.
The following individuals and entities were added to the SDN list:
- Beloglazov Dmitrii Aleksandrovich. Russia; DOB 18 Feb 1968; POB Russia; nationality Russia; Gender Male.
- JSC Illiadis. Tax ID No. 9709096348 (Russia);
- MKAO Rasperia Treiding Limited. Tax ID No. 3906380371 (Russia);
- OOO Titul. Tax ID No. 7703474952 (Russia).
According to the OFAC’s statement, in June 2023, Oleg Deripaska coordinated with Dmitry Aleksandrovich Beloglazov, owner of the Russia-based financial services company OOO Titul, on a planned transaction to sell his frozen shares in a European company. Within weeks of this coordination, the Russia-based Iliadis financial services firm was established as a subsidiary of Titul. Early in 2024, Iliad acquired the Russia-based Rasperia investment holding company, which holds Oleg Deripaska’s frozen shares.
Oleg Deripaska has been under sanctions from the United States since 2018 due to his actions or alleged actions on behalf of senior officials of the Russian government. He has been investigated for money laundering and accused of threatening business rivals’ lives, illegal wiretapping of government officials, and involvement in extortion and racketeering.
Dmitrii Beloglazov is the founder of Erich Krause, a Russian brand of office supplies manufactured mainly in Southeast Asia and sold mainly in Russia. Erich Krauses Group has divisions located in Hong Kong, Panama, Finland, Spain, Bulgaria, Romania, and Latvia. The group owns three logistics centers in Latvia, Panama, and Russia, with a warehouse area of more than 30,000 square meters.
