Russia says U.S. won’t explain tycoon visa denial

MOSCOW, (Reuters) – The United States has given no  explanation for denying an entry visa to Russia’s fifth richest  man, aluminium tycoon Oleg Deripaska, despite repeatedly being  pressed to do so, Russia’s Foreign Minister said yesterday.

Deripaska, 42, ranked fifth-richest Russian by Forbes  magazine, with assets of $10.7 billion, has strong Kremlin  backing and is chief executive officer and biggest shareholder  in the world’s top aluminium producer, RUSAL.

The U.S. State Department revoked Deripaska’s multiple-entry  visa without explanation in 2006, when relations between  Washington and Moscow were at a post-Cold War low. “(The U.S. side) is totally unable to explain to us why he  … is not given a visa,” Russian Foreign Minister Sergei Lavrov  told reporters in Moscow.

“This issue has been repeatedly raised by the Russian  leadership,” he added.
Seen as one of the more loyal oligarchs, the Kremlin stepped  in to save Deripaska’s indebted businesses during the height of  the economic crisis, refinanced his heavy debts, and has long  called on Washington to grant him a U.S. visa.