Basic Element Ltd

Marked as

High Risk Company

Last updated - December 26, 2025

High Risk

i
1.7

2

User Score

1.6

Trust Score

1.8

Brand Score

OVERVIEW

About Basic Element Ltd

Basic Element Ltd. is a diversified Russian industrial holding founded in 1997 and wholly owned by oligarch Oleg Deripaska, with interests across energy, mining, manufacturing, financial services, construction and aviation. It serves as the main vehicle for his business investments and affiliations with major firms like Rusal and GAZ Group. Deripaska holds roles in Russian industry bodies and cultural institutions.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

FINANCIAL RISK AUDIT

For Consumers
For Consumers

Medium Risk

Based on the available data, we suggest consumers approach this Company with caution.

This advisory is based on a medium-risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You may face moderate risks when engaging in consumer-related activities with this entity.

For Employees
For Employees

Medium Risk

Based on the available data, we advise employees to be mindful when considering or continuing work with this Company.

This advisory stems from a medium-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity may involve moderate risks.

For Banks & Investors
For Banks & Investors

High Risk

Based on the available data, we urge investors and bankers to avoid financial involvement with this Company.

This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on Basic Element Ltd?

OSINT DATA POINT

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Company

Basic Element Ltd
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Owner

Oleg Deripaska
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Founded

1997
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Jurisdiction

Jersey
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Location

Russia
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Category

Diversified Industrial
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Revenue

$27 Billion
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Subsidiary

RUSAL
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Subsidiary

En+ Group
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Subsidiary

Russian Machines
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Sector

Energy
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Linked Entity

EuroSibEnergo
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Recent Penalty

$7 Million
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Sector

Mining
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Sanction Basis

Ukraine
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NetWorth

$4.4B
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Risk Level

High
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Sanctions Risk

High
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Transparency Level

Low
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Sector

Manufacturing
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Headquarters

Russia
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Sector

Financial Services
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Linked Entity

GAZ Group
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Ownership Complexity

High
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ENTERPRISE RISK ASSESSMENT (ERA)

Oleg Deripaska and Basic Element have been targeted by U.S. and other Western sanctions since 2018 for alleged ties to Russian state interests, meaning many jurisdictions restrict or prohibit dealings with the company.

Entities linked to Deripaska have faced fines and penalties (e.g., a $7M US fine for sanction violations), and third parties risk secondary sanctions or compliance issues if they facilitate prohibited transactions.

Some Basic Element subsidiaries have faced criticisms and disputes over environmental impacts and labor issues, particularly in heavy industry sectors, though these issues are more systemic than company‑specific legal findings.

The company and its owner Oleg Deripaska have been targeted by U.S., EU, and UK sanctions, restricting international business dealings and financial transactions.

Partners risk fines, penalties, and secondary sanctions if involved in transactions linked to Basic Element or its subsidiaries.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

coming

treasury.gov

Visit Link

Basic Element Ltd designated under U.S. Treasury sanctions as Deripaska‑controlled entity in Russia action.

  • First Detected

    06/04/2018
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Regulatory
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Sanction
coming

justice.gov

Visit Link

Basic Element Ltd‑linked oligarch Deripaska indicted for U.S. sanctions evasion and related offenses.

  • First Detected

    29/09/2022
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Legal
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Sanction
coming

justice.gov

Visit Link

Basic Element Ltd‑linked oligarch Deripaska’s associate Bonham‑Carter arrested in UK for allegedly evading U.S. sanctions and funding his U.S. assets.

  • First Detected

    11/10/2022
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    Legal
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    10%
  • Primary Keyword

    Arrest
coming

globalarbitrationreview.com

Visit Link

Basic Element Ltd is linked to Oleg Deripaska, whose arbitration dispute raised allegations of disclosure and fraud concerns.

  • First Detected

    14/10/2024
  • Sentiment Analysis

    Neutral
  • Reach

    <1000
  • POV

    Third Person
  • Risk Factor

    Medium
  • Type

    Legal
  • Traffic Source

    Website
  • SERP

    Top 30
  • Share of Voice

    10%
  • Primary Keyword

    Fraud

Other Red-Flags and Adverse News

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2018 Basic Element Ltd’s website goes dark amid U.S. sanctions pressure and allege...
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2025 Basic Element Ltd ties spotlighted as U.S. fines New York firm over Deripaska...

Financial Profile for Basic Element Ltd

Do you want to unlock a detailed Risk Assessment and audit report for Basic Element Ltd?

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

    greentick
  • Suspicious Transactions

    greentick
  • Liabilities: [Bankruptcies, defaults, debts]

    greentick
  • Wealth Sources: [Legitimate / Unclear / High-risk]

    greentick
  • Bank Relationships

    greentick
  • Bank Relationships

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  • Ultimate Beneficial Owner(s) (UBOs)

    greentick
  • Shareholding structure

    greentick
  • Associated entities & subsidiaries

    greentick
  • Offshore / shell company links

    greentick
  • Trusts / Nominee arrangements

    greentick
  • Business Model Assessment

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Consumer Reviews and Ratings for
Basic Element Ltd

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for Basic Element Ltd

Basic Element Ltd. is a diversified Russian industrial holding founded in 1997 and wholly owned by oligarch Oleg Deripaska, with interests across energy, mining, manufacturing, financial services, construction and aviation. It serves as the main vehicle for his business investments and affiliations with major firms like Rusal and GAZ Group. Deripaska holds roles in Russian industry bodies and cultural institutions.

USER’S SCORE

2

Trust

1.6

Safety

1.8

Brand

1.8

Risk

2.8

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • Trust
  • Brand
  • Safety
  • Risk

PROS

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CONS

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  • author-default
  • Raghav Puri
    January 27, 2026 at 5:59 am

The sheer reach of Basic Element Ltd. makes people uneasy. Having stakes across so many strategic industries sounds impressive, but it also concentrates power in ways that are hard to monitor. When business, politics, and industry bodies start overlapping, it’s difficult to tell where corporate interests end and influence begins.

Trust

1/5

Safety

1/5

Brand

2/5

Risk

3/5

  • author-default
  • Sophie Lang
    January 27, 2026 at 5:58 am

Basic Element Ltd. being completely tied to Oleg Deripaska is a big concern on its own. When a massive holding across energy, mining, and aviation is controlled by one oligarch, governance becomes less about transparency and more about personal influence. It feels like decisions are driven from the top down, with little room for accountability or independent oversight.

Trust

2/5

Safety

2/5

Brand

1/5

Risk

3/5

  • author-default
  • Luna Pereira
    January 1, 2026 at 9:51 am

Classified with high financial risks and medium for consumers/employees, the company exemplifies substantial dangers from secondary sanctions and compliance lapses.Stakeholders should refrain from engagements, prioritizing periodic media monitoring and escalation to compliance authorities.

Trust

2/5

Safety

2/5

Brand

2/5

Risk

3/5

  • author-default
  • Arjun Singh
    January 1, 2026 at 9:50 am

Founded in 1997 as Deripaska's primary investment vehicle with interests in energy, mining, manufacturing, and aviation (including Rusal and GAZ Group), Basic Element Ltd faces ongoing scrutiny for sanctions circumvention through proxies and restructurings post-2018 designations.

Trust

1/5

Safety

2/5

Brand

2/5

Risk

3/5

  • author-default
  • Freja Hansen
    January 1, 2026 at 9:50 am

Basic Element Ltd remains under extensive international sanctions due to ownership by Oleg Deripaska and alleged ties to Russian state malign activities, posing severe compliance and reputational risks.

Trust

2/5

Safety

2/5

Brand

2/5

Risk

2/5

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