The FBI has searched a Washington residence related to Oleg Deripaska, reigniting US enforcement motion towards the Russian metals tycoon who was positioned underneath sanctions in 2018 over alleged hyperlinks to the Kremlin.

The company on Tuesday mentioned in an announcement it was “conducting court-authorised regulation enforcement exercise” at a DC handle, declining to elaborate additional.

A spokesperson for Deripaska mentioned: “The FBI is finishing up a search at two homes — situated in Washington and New York — belonging to Mr Deripaska’s family. The searches are being carried out on the idea of two court docket orders, related to US sanctions. The homes don’t belong to Mr Deripaska.”

Deripaska and 23 different outstanding Russian oligarchs and authorities officers in April 2018 had been hit with the toughest measures imposed by Washington in response to Moscow’s 2014 invasion of Crimea and alleged meddling within the 2016 US election.

The oligarch on the time mentioned the claims had been groundless and sued the Workplace of Overseas Belongings Management, the Treasury division overseeing US sanctions coverage. The lawsuit was dismissed by a US district court docket choose in June.

The US Treasury final 12 months justified sanctions towards Deripaska — whose fortune sits at almost $5bn, in line with Forbes — by citing reviews that he helped Russian president Vladimir Putin launder cash. The allegations had been denied by Deripaska and Putin’s spokesman on the time.

He additionally got here underneath scrutiny from US investigators for his enterprise dealings with former president Donald Trump’s marketing campaign supervisor Paul Manafort, who was convicted of tax evasion and financial institution fraud in 2018 following Robert Mueller’s investigation into Russian meddling within the 2016 election. Manafort was amongst dozens of individuals pardoned final 12 months by Trump in his ultimate days in workplace.

Deripaska constructed an aluminium, power and industrial empire from beforehand state-owned belongings privatised after the collapse of the Soviet Union, and earlier than the 2008 monetary disaster he was Russia’s richest man.

The mansion stormed by the FBI stays one of many hottest properties in Washington’s actual property market. Deripaska in 2006 reportedly paid $15m for the 23,000 sq ft residence, which incorporates seven bedrooms and Italian marble flooring.

Previously owned by Herbert Haft, the late low cost retailer tycoon, the white stone home is steps away from Embassy Row, the central Washington space that includes diplomatic missions, embassies in addition to senior authorities officers’ houses.

Further reporting by Joshua Chaffin

*This text has been up to date to mirror an announcement from Deripaska’s spokesperson after preliminary publication during which they mentioned the home belonged to his family