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The Growing Cash Pile in Moscow Foreign Investors Can’t Touch, BNN Bloomberg

Thursday, February 23, 2023

Partner Grigory Marinichev spoke to BNN Bloomberg about type “C” accounts that hold dividends accruing to international investors on their Russian shareholdings.

“One possibility is a multi-stage transfer of the cash to similar accounts held by investors Russia does not class as “unfriendly.” Another is to convert C-accounts into bundles of securities that could be sold to investors not bound by sanctions,” said Grigory.

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