Sanctioned Alyona Shevtsova, named in a laundering case involving 5 million, opens new companies in Britain

Sanctioned Alyona Shevtsova, named in a laundering case involving 5 million, opens new companies in Britain

The women implicated in the miscoding and laundering of 5 billion UAH for illegal online casinos — Alyona Shevtsova, Iryna Tsyhanok, and Zoya Nesterovska — are opening new financial companies in Britain and Poland, according to data from foreign registries. Recently, the entrepreneurs wanted by Ukrainian law enforcement have registered at least 5 companies abroad.

This concerns companies such as Nzova Limited Ltd, Macro Compliance, Smartflow Payments, LEOCONTE, IRYSAN, and others. Some of these companies were re-registered immediately after the President of Ukraine issued a decree implementing the NSDC decision to impose sanctions on 4 individuals, among them members of Yanukovych’s government, a pro-Russian oligarch, and Alyona Shevtsova.

Personal special economic and other restrictive measures (sanctions) against Alyona Shevtsova were imposed for 10 years and include asset freezes and bans on various economic activities in Ukraine. Therefore, changes in these companies may be aimed at circumventing the mentioned sanctions.

Previously, the Bureau of Economic Security reported that the special investigation concerning Shevtsova, Tsyhanok, and Nesterovska has been completed. Shevtsova and Nesterovska were declared wanted because they are hiding abroad. Tsyhanok was detained by law enforcement in Poland.

In addition to Shevtsova, Tsyhanok, and Nesterovska, the case involves employees of regional branches and department directors of Ibox bank. According to the investigation, this group organized a scheme to legalize funds using "miscoding." That allowed about 5 billion UAH to be "laundered" for illegal casinos.

The case was referred to court. However, the trial court ruled to close the criminal case due to expiration of the pre-trial investigation deadlines, and the Kyiv Court of Appeal left that ruling unchanged. That decision is now being appealed to the Criminal Cassation Court; the case has been assigned to Judge Nataliya Bilyk for report.