Putin ally Oleg Deripaska sues the US

Russian metals magnate Oleg Deripaska is suing the U.S. Department of Treasury to get the federal government to lift the economic sanctions placed on him last year.

The lawsuit asks the federal courts to remove his name from the Treasury Department’s Office of Foreign Assets Control “List of Russian Oligarchs,” a move that would essentially lift any sanctions on his accounts and assets. The suit was filed in U.S. District Court in Washington, D.C., and names Treasury Secretary Steven Mnuchin and Foreign Asset Control Director Andrea Gacki as defendants. In the complaint, Deripaska argues that he has taken a $7.5 billion hit without any legal basis or justification for the sanctions.