British Lord Barker Got $4 Million Bonus on Deripaska Sanctions Deal
Greg Barker, a member of Britain’s House of Lords and the chairman of En+ Group Plc, was awarded a bonus of about 3 million to 4 million pounds ($3.9 million to $5.2 million) for negotiating the removal of U.S. sanctions on the Russian company, according to people familiar with the matter.
Barker spent months shuttling between Washington, London and Moscow to put together an agreement between the Treasury Department and Russian billionaire Oleg Deripaska, who was sanctioned last April. The talks culminated in a deal in which Deripaska agreed to step away from En+, which holds a controlling stake in aluminum giant United Co. Rusal.
https://www.bloomberg.com/news/artic...sanctions-deal