Cyprus’s RCB Bank has connections to Kremlin

RCB Bank was set up and owned by a Russian bank dubbed Putin’s “piggy bank.” Despite making moves to obscure its Russian ties following the invasion of Ukraine, current and former RCB executives have ties to the Kremlin and acquired Cypriot passports under dubious circumstances. On March 24, Cyprus’s fourth-largest bank announced it would wind down […]

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Source: Weekly Blitz :: Writings


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