Date: 6 months ago   Category: Economy

Cyprus undertook money of the Russian oligarchs


The Cyprian banks began to demand from Russians to provide information on the sources of income gained in the past. As reports to Bloomberg, it is known already of two such cases. According to the agency, it is about accounts of businessmen which held money on the island more than 10 years. It is noted that businessmen could not provide to banks documents on income gained many years ago therefore they had to close the accounts. According to the Central bank of Cyprus, the cost of the bank accounts belonging to foreign citizens outside the eurozone, generally Russian fell to 7.1 billion euros at the end of November, 2018. The peak had for the end of 2012 — then the cost of such assets was estimated at 21.5 billion euros. In 2018 Cyprus got under pressure of the Ministry of Finance of the USA that was apprehended as the attack on the Russian money provoked by Washington. The Russian authorities stated that sanctions of the European Union and crackdown from the Cyprian Central Bank led to closing of tens of thousands of Russian accounts on the island. "The film of day" is more than important news in Telegram channel. Subscribe!

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