With sanctions lifted, Trump transition member gets board position on Russian oligarch's company

Source: salon | January 30, 2019 | Igor Derysh

Oleg Deripaska’s company hires former Trump transition official as soon as Treasury sanctions are lifted

A member of President Trump’s transition team was announced as a new board member of a company owned by Russian oligarch Oleg Deripaska as soon as the Treasury Department lifted sanctions on Deripaska’s companies Sunday.

On Sunday, the Treasury Department lifted the sanctions on three companies owned by Deripaska 10 months after it imposed them, citing Russia’s “malign activity around the globe.” Deripaska, a close ally of Russian President Vladimir Putin, was also personally sanctioned because the government accused him of threats to rivals, bribing government officials and links to organized crime.

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On Monday, EN+ announced seven new board directors, including Christopher Burnham, who served on Trump’s State Department transition team and previously worked as an executive at Deutsche Bank. Burnham also previously worked as undersecretary general for management of the United Nations under George W. Bush, when Trump’s national security adviser John Bolton was the UN ambassador. A news release from EN+ cited his work in the Bush administration and at Deutsche Bank but did not mention his role on the Trump team.

Bloomberg News previously reported that Deutsche Bank loaned Trump around $300 million when American banks refused to do business with him because of his extensive outstanding debt. The bank has also loaned billions to Deripaska.

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