EAST TRANSPORT | The Ossinovskys’ big deal, or how to transport the iron of Putin’s favorite oligarch, worth 770 million euros, out of Russia

The company transported iron and iron ore worth 777 million euros across the eastern border, most of which was brought to the European Union.

The iron comes from the deposits of the infamous Russian oligarch Alisher Usmanov.

Vladimir Putin one of the favorite oligarchs,” the European Union headlined him on February 28, 2022 in the decision to impose an embargo, after which Usmanov’s personal assets in Europe were frozen.

How is such a grandiose deal still possible with the oligarchs of the aggressor country?

The series of investigative articles “Idaveod” by Eesti Ekspres, published today, tells the story of Estonian companies’ business relations with Russia during the full-scale war in Ukraine. We provide examples of how such deals fuel the Russian war machine and the business interests of the oligarchs despite the sanctions imposed on them. The series of articles shows how there are still holes in the sanctions of the European Union and Estonia, which contribute to Russia’s aggression in Ukraine.

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2024-01-29 09:12:43
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