Sanctions25 Feb 2023 16:22
Perhaps the issue for the Banks is the connection between Sviblov and the President of VTB Bank, Andrey Kostin.
Kostin is sanctioned and has personally signed off Bank funds in the past for Sviblov …….. although we are unaware of the source of funding for the Kun Manie purchase.
If it is this connection then surely it is RY’s responsibility to let us know officially as the deal would be unable to proceed.
OTL