As the war between Russia and Ukraine continues, some rich Russians continue to transfer their money to Switzerland. This was revealed by an investigation made public on September 14.
Among the wealthy people who have been mentioned in this report by the Tamedia media group are “the daughter and partner of Alexander Ponomarenko, director of Mosvodokanal, the company that supplies drinking water to the Moscow agglomeration.”
These Russians have deposited millions in Switzerland, “even after the war started,” according to documents analyzed jointly with a “Zurich asset manager that appeared on the dark web after a cyberattack.”
It is important to note that in March 2022, Switzerland’s ban on its banks “from accepting deposits of more than 100,000 Swiss francs ($110,000) from Russian citizens” was in force.
However, Tramedia has published that in June 2022, in the midst of the UN complaint in Geneva about the atrocities against civilians in Mariupol, “Ponomarenko’s daughter opened an account at the Reyl bank in Zurich, where she later deposited USD 9.5 million. Five months later, in November, his partner had about USD 26 million deposited in Julius Baer, in addition to USD 4.5 million in the Pictet bank.
(Reference image source: Unsplash, in collaboration with Planet Volumes)