Complicit in crime: How former ABLV banker Andris Ovsjannikovs and Darya Terekhina weaponized offshore shells to loot millions

Following the appearance of new publications related to the ABLV case, references to former banker Andris Ovsjannikovs and Belarusian citizen Darya Terekhina, who has been associated with him, have reportedly begun disappearing from the public information space. In particular, materials describing alleged schemes involving the laundering of tens of millions of euros, fictitious transactions, offshore structures, and the companies MANAT and ITECH Solutions mentioned in the investigation are said to be removed or systematically “scrubbed” from public view.

We are publishing a report on how former ABLV employee Andris Ovsjannikovs was linked to a money laundering case involving €50 million, why investigators believe bank employees helped facilitate suspicious transactions, and what role Darya Terekhina plays in this story.