FBI searches D.C. home of Russian oligarch Oleg Deripaska

Washington — Agents with the FBI conducted "law enforcement activity" Tuesday at a Washington, D.C., home belonging to Oleg Deripaska, a Russian oligarch with ties to Russian President Vladimir Putin, a U.S. official told CBS News.

A law enforcement source confirmed the FBI's search of Deripaska's house was part of an ongoing investigation in New York. The search was first reported by NBC News.

The Russian billionaire is believed to have close links to the Kremlin and rose to prominence during former special counsel Robert Mueller's investigation into Russian interference in the 2016 presidential election for his links to Paul Manafort.

Manafort, a former chairman of former President Donald Trump's 2016 campaign, was one of several charged as part of Mueller's probe for his consulting work in Ukraine. During federal court proceedings in the Justice Department's case against Manafort, documents revealed he received a $10 million loan from Deripaska in 2005.