World Chess Federation (FIDE) president Kirsan Ilyumzhinov said Tuesday he would are searching for $50 billion from the usa over his addition to a blacklist for alleged ties to the Syrian regime.
“I take into account that those accusations are either a mistake or a provocation,” stated Ilyumzhinov.
“for the reason that i've already suffered morally, my lawyers will sue for $50 billion.”
the usa Treasury branch accused Ilyumzhinov of “materially supporting and performing for or at the behalf of” the Syrian government and the significant bank, in addition to vital bank governor Adib Mayaleh.
Ilyumzhinov, a 53-yr-old Russian citizen, has disregarded the fee, again and again telling local media he has no monetary hobbies in Syria or Iraq.
FIDE stated on Sunday that Ilyumzhinov had transferred most of his powers to his deputy, Georgios Makropoulos, and that he could withdraw from “any legal, monetary and commercial enterprise operations of FIDE” till sanctions in opposition to him are lifted.
The sanctions forbid US people or entities from doing any business with those on the blacklist, limiting their get right of entry to to international economic networks vital to doing enterprise.
The Treasury branch in November sanctioned Ilyumzhinov and three different people and 6 entities for their support of the regime of Syrian President Bashar al-Assad, “together with a middleman for oil purchases by using the Syrian regime from the Islamic nation of Iraq and the Levant (ISIL),” another call for the Islamic nation group.
Russian economic Alliance bank, of which Ilyumzhinov is a first-rate shareholder, changed into also focused with the aid of the sanctions.
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