Deripaska forced to cough up

As reported in the Guardian in September, billionaire Oleg Deripaska decided at the last moment to avoid revelations in the UK High Court and the need to swear under oath and risk charges of perjury by reaching a last-minute settlement with former partner Mikhail Cherney. Clearly Deripaska did not want to reveal any of his criminal actions in the past and disclose how the aluminium industry had been carved up between only a few players.

He may also have been persuaded by his political contacts to cough up, as they also didn’t fancy references to their role in providing patronage to dodgy dealings.

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