FT: Sberbank Swiss unit buyout funded by Russia-linked investors, including Duma deputy's ex-son-in-law

Financial Times reports that bonds used to finance the 2022 purchase of Sberbank's Swiss subsidiary were sold to investors with longstanding Russia ties, including the former son-in-law of State Duma deputy Ivan Demchenko and a Cyprus-linked firm. The finding suggests potential sanctions evasion or opaque financial structures, though no formal charges have been filed. This matters as it highlights ongoing scrutiny of Russian-linked financial flows and potential circumvention of sanctions.

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