All US dollar bank accounts of companies controlled by Renova have been blocked due to the US sanctions, according to the Swiss paper Finanz und Wirtschaft. Already, Viktor Vekselberg, the owner of Renova and its subsidiary Transalloys, had $1.5- to $2-billion in his assets frozen.
Meanwhile, Tass reported that Russia’s Finance Minister Anton Siluanov met with US Secretary of the Treasury Steven Mnuchin on last Friday to discuss anti-Russian sanctions, according to the Russian Finance Ministry’s press service.
“On April 20, Russian Finance Minister Anton Siluanov met with US Secretary of the Treasury Steven Mnuchin on the sidelines of this year’s Spring Meetings of the International Monetary Fund and World Bank Group. During the meeting, the issue of sanctions was discussed,” the ministry said in a statement.
US Treasury said the meeting was held at Russia’s request.