Bypassing RNBO Sanctions: Figure in Money-Laundering Case Involving 5 Billions, Alyona Shevtsova, Became Co-Owner of New Companies in the UK and Poland

Bypassing RNBO sanctions: Figure in the money-laundering case involving 5 billions, Alyona Shevtsova, became co-owner of new companies in the United Kingdom and Poland

Sanctioned Alyona Shevtsova, a subject of the case on laundering 5 billion UAH, became a co-owner of new companies in the UK and Poland.

Despite RNBO sanctions and a criminal investigation for "miscoding" and laundering 5 billion UAH for illegal online casinos, Alyona Shevtsova's business activity did not stop — it merely moved abroad.

Public registries show that Shevtsova, together with Iryna Tsyhanok and Zoya Nesterovska, became co-founders of a number of new foreign companies, including Nzova Limited Ltd, Macro Compliance, Smartflow Payments, LEOCONTE, IRYSAN, and others.

Some of them were re-registered immediately after the president imposed 10-year sanctions against Shevtsova, freezing assets and banning economic activity in Ukraine.

Participation in such companies can be a tool to circumvent sanctions.

What about the "miscoding" case?

The State Bureau of Investigations completed a special investigation into Shevtsova, Tsyhanok, and Nesterovska. - Shevtsova and Nesterovska are hiding abroad and have been declared wanted. - Tsyhanok was detained in Poland. - Employees and executives of Ibox Bank structures are also involved in the case.

The group organized a scheme to legalize funds through manipulation of payment codes, which allowed them to "wash" about 5 billion UAH for illegal casinos.

Court proceedings: The case has already been sent to court, but the first instance closed it, allegedly due to missed investigation deadlines. The Kyiv Court of Appeal upheld that decision.

The Prosecutor General's Office is appealing the closure at the Criminal Cassation Court — the case is being heard by Judge Nataliya Bilyk.