Financial News

  Hesam Seyed Mousavi, March 10, 2023 Employees of Gazprombank’s subsidiary accused of helping Kremlin-connected figure open accounts     Sam Jones in Zurich March 10, 2023 Prosecutors in Switzerland have charged four bankers with helping to hide tens of millions of Swiss francs on behalf of Vladimir Putin, in one of the first ever court cases in the west to directly involve assets allegedly belonging to the Russian president. The four individuals were employees of Gazprombank’s Swiss subsidiary, and include its chief executive, Roman Abdulin. According to an indictment — a copy of which was provided to the Financial Times by a court in Zurich — the bankers were criminally negligent in allowing accounts to be opened in Switzerland on behalf of Sergei Roldugin, a cellist and the godfather to Putin’s daughter, without questioning the origin of the funds flowing through them. “It is notorious that Russian President Putin officially has an income of just over SFr100,000 and is not wealthy

Hesam Seyed Mousavi, March 6, 2023 The U.S. government has been funneling taxpayer money to the left-wing group bankrolling protests against Israeli prime minister Benjamin Netanyahu, according to Israeli funding documents reviewed by the Washington Free Beacon.   Adam Kredo    March 6, 2023    The documents indicate that, since 2020, Foggy Bottom has sent over $38,000 to the Movement for Quality Government (MQG), the Israeli nonprofit stoking nationwide anti-Netanyahu protests that have seen protesters clash with police and target Netanyahu’s family members. MQG is seeking to takedown Netanyahu’s government over his support for major reforms to the Israeli supreme court that would significantly limit its power. The organization petitioned Israel’s Supreme Court earlier this year to oust Netanyahu, claiming he is unfit for office due to ongoing investigations into allegations of political corruption and bribery. The State Department, which confirmed the funding, calls the group a nonp