In Ireland, several companies that had previously raised billions of dollars for Russian banks and state-owned corporations were forcibly liquidated.
This was reported by the Foreign Intelligence Service of Ukraine, according to Ukrinform.
The reason for this was that after the start of the full-scale invasion of Ukraine by the Russian Federation, local managers left the boards of directors en masse, leaving the companies without leadership.
This concerns, in particular, the following closed structures:
- VTB Eurasia, which placed $2.25 billion in bonds for the Russian state-owned VTB Bank;
- Transregional Capital, which lent to the private Russian bank Transcapitalbank, was included in the OFAC sanctions list.
- Sovcom Capital, the issuer of $600 million in bonds for the Russian Sovcombank;
- OIM ABS, a subsidiary of the Russian electronic payment system Qiwi Bank
The closure also affected infrastructure giants, including RZD Capital, created to finance the joint-stock company Russian Railways (RZD), which placed $6.7 billion in securities. The Russian state investment bank VEB also lost its Irish subsidiary: its VEB Finance raised $30 billion through bonds.
As reported by Ukrinform, intelligence data indicate that there are signs of a liquidity crisis in the Russian banking system.
Source: Ireland liquidates companies, allocating billions for Russian banks
