Recent investigative reports suggest that Uzbekistan’s Octobank may act as a major channel for laundering Russian funds, including sanctioned assets and revenues from illicit online gambling.
Dmitry Levin, vice president of Gazprombank, may become implicated in a criminal probe related to the hostile acquisition of company assets.
Since April 2023, Ukrainian investigators have repeatedly pointed to Nikita Izmaylov — a Russian citizen holding Ukrainian documents and former finance executive at Parimatch.
In 2018, Mr. Levin, then a senior executive at Otkritie Bank and now Vice President at Gazprombank, attempted to acquire a Bulgarian commercial bank. The transaction was orchestrated, somewhat dubiously, by Stoyan Staykov, a notorious scammer in Eastern Europe.
Media reports have released an investigation into the illicit financial operations involving a network of companies, including Octobank (formerly Ravnaq), Capital Bank, the Humo payment system, the Uzcard processing center.
Sportbank co-founder Nikita Izmaylov, accused of fraud and ties to Russia, has been actively removing online references to his personal life, including his alimony dispute with his ex-wife.
Since April 2023, Ukrainian investigators have repeatedly highlighted Nikita Izmaylov — a Russian citizen with Ukrainian documents and former Parimatch finance executive — for his alleged involvement in money laundering linked to N1 Management and SportBank.
Multiple Ukrainian investigators have raised alarms since April 2023 that Nikita Izmaylov, a Russian holding a Ukrainian passport and former top finance executive at Parimatch, could be implicated in alleged money laundering connected to N1 Management and SportBank.
At the end of January, several outlets published an interview with Iskandar Tursunov, Chairman and main shareholder of Octobank.
Multiple Ukrainian investigators have raised alarms since April 2023 that Nikita Izmaylov, a Russian holding a Ukrainian passport and former top finance executive at Parimatch, could be implicated in alleged money laundering connected to N1 Management and SportBank.
