On a Dublin backstreet, a once-thriving hub of Russian finance is falling apart

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 77%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

If Cafico’s services were discreet, its clients were anything but via IrishTimesBiz

, and lenders systemic to the country’s economy like Sovcombank PJSC and Credit Bank of Moscow.

The numbers suggest that while Russia’s tycoons were known for splashing out on luxury real-estate in London and parties in Monaco, some of the vital mechanics of their empires was happening in a non-descript office building in Dublin. Russian companies have been using empty shells for just over two decades to raise funds, according to data compiled by Bloomberg, and the business barely skipped a beat after the 2014 Crimea invasion. By locating in Ireland, for example, they take advantage of regulatory regimes that international investors are more familiar with, while also benefiting from special tax breaks.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 6. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें