(FreedomBeacon.com)- On Tuesday, the FBI raided two homes connected to Russian billionaire oligarch in New York City and Washington, D.C.
Oleg Deripaska, who is known to have connections to Russian President Vladimir Putin, was reportedly being targeted as the result of two court orders relating to U.S. sanctions. The homes are believed to have been owned by relatives of the billionaire.
Three years ago, Deripaska was sanctioned by the United States as part of a response to Russian cyber hackers and allegations that the country had interfered in the 2016 presidential election.
According to a spokesperson of the FBI, “court-authorized law enforcement activity” took place at a property in Washington.
The man-made his billions in business following the collapse of the Soviet Union. He was the primary shareholder of a company known as Rusal, which was the biggest producer of aluminum globally. After making his money from the company and the global sales of metal, he was accused of involvement in organized crime and was banned from entering the United States. He denies all allegations made against him.
So, why should this matter?
Well, this is the man who admitted that he hired Christopher Steele, the former British spy who provided a “dossier” of information about former President Donald Trump that was used by the Democrats in the 2016 presidential election.
Speaking to TheHill.TV, Deripaska admitted that his attorneys had hired Steele on a retainer for a “research project” to support one of the cases against him in London.
“My understanding [is] that lawyers trust him for some reason, and he was for quite [sic] time on retainer,” he said.
Deripaska was also investigated in the wake of the 2016 presidential election, having previously arranged for former Trump campaign manager Paul Manafort to work for a company in Ukraine – only for the plan to fall through and for Manafort to end up indebted to Deripaska.