George Osborne wins first advising deal as a banker with Russian metals firm

George Osborne wins first advising deal as a banker with Russian metals firm
George Osborne wins first advising deal as a banker with Russian metals firm
George Osborne wins first advising deal as a banker – taking Russian metals firm set up by US-sanctioned oligarch as a client George Osborne's firm Robey Warshaw is now advising aluminium giant Rusal Company is subsidiary of EN+ which Russian oligarch Oleg Deripaska has a large stake in Osborne first met Deripaska, who is banned from the US, on his yacht in 2008  Business said to be secured by EN+ chairman Greg Barker, a former Tory minister

View
comments

Former Chancellor George Osborne has won his first bit of business as an investment banker with a firm set up by a Russian oligarch who once hosted him on his yacht.

Osborne joined boutique advisory firm Robey Warshaw in April and thanks to his contacts the firm is now advising Russian aluminium giant Rusal.

Rusal is a subsidiary of London listed EN+, a metals company founded by oligarch Oleg Deripaska in 2002.

Deripaska, who is sanctioned by the US, was already acquainted with the former Chancellor, having hosted him on his yacht off Corfu in 2008.

Former Chancellor George Osborne has won his first bit of business as an investment banker with a firm set up by a Russian oligarch who once hosted him on his yacht

Former Chancellor George Osborne has won his first bit of business as an investment banker with a firm set up by a Russian oligarch who once hosted him on his yacht

However, according to the Financial Times, it was thanks to his relationship with Greg Barker, EN+ chairman, that he was able to secure the business.

Barker served as a minister in David Cameron's coalition government before leaving the Commons in 2015 and taking a peerage as well as a role at the company.

EN+ and Rusal were hit by US government sanctions in 2018 over

read more from dailymail.....

PREV Shocking moment bike-riding thief steals influencer's phone right out of her ... trends now
NEXT Tattooed ghoul Jeremy Pauley who kept buckets of human remains in his home is ... trends now