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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Tory peer Greg Barker resigns as chair of Russian firm EN+

Lord Barker
Lord Barker earned $4m in 2021 as the executive chair of EN+. Photograph: Alessandro Della Valle/EPA

The Conservative peer Greg Barker has resigned as chairman of EN+, the mining company part-owned by the sanctioned Russian oligarch Oleg Deripaska.

Lord Barker, an energy minister in David Cameron’s government, oversaw a plan to help the firm respond to US government sanctions levelled against the company and Deripaska in 2018, when it sanctioned the oligarch over his alleged links to the Russian government. Deripaska has previously said the US allegations were based on “false rumour and innuendo”.

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