This is separate to the ones Boehly reported. These new transactions became known due journalists investigating dodgy dealings between Cypriot companies and Russians.
Generally yes, but this sale was fast tracked, so it wasn’t completely done and they kept 100m from the sale amount, anticipating these fines because of poorly kept books.
Wrong. This information is due to insider leaks from a Cypriot bank/company. You can read about this story and others from the excellent OCCRP reporting.
Actually, it is due to Boehly this is known. After they took over, he found these transaction and reported them.
The hero we need but not the 1 we deserve.
This is separate to the ones Boehly reported. These new transactions became known due journalists investigating dodgy dealings between Cypriot companies and Russians.
Isn’t due diligence usually done in advance of a buy? Seems kind of reckless.
Generally yes, but this sale was fast tracked, so it wasn’t completely done and they kept 100m from the sale amount, anticipating these fines because of poorly kept books.
Wrong. This information is due to insider leaks from a Cypriot bank/company. You can read about this story and others from the excellent OCCRP reporting.
https://www.occrp.org/en/cyprus-confidential/