has a big shareholding in the Russian steelmaking firm whose materials are used to make the tanks which are invading Ukraine.Analysts claim that the owner transferred his shares in Evraz, the Russian steelmaking giant, directly to himself from an offshore company on February 16, eight days before ordered the Ukraine invasion.Grzegorz Kuczynski, director of the Eurasia Program at the Warsaw Institute, told that the reported transfer of the 28.64 per cent shareholding, from Virgin Islands-registered Greenleas International Holdings Ltd, could make it less vulnerable to the sanctions which have followed the invasion. He added that it could also make the shareholding easier to sell. The value of the shares has plummeted since Putin's forces attacked Ukraine.
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