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Ukraine Invasion Day 1,224: Krasnov lifts sanctions against RU banks, while refusing to aid UKR. [1]

['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']

Date: 2025-06-30

..When it comes to Sergey Roldugin, the documents in the files falsely state that he is not politically connected, obscuring the musician’s role in the scheme.

There’s no question that Roldugin and Putin are close. Some publications have called him Putin’s best friend. In the early 1980s, Roldugin arranged a double date on which Putin met his future wife, Lyudmila.

Putin selected Roldugin to be the godfather of his first child, Maria, a sacred role in Russian Orthodox tradition. A photo of Putin cradling Maria, beside his wife and Roldugin can be readily found on the Internet.

Mossack Fonseca and bankers in Switzerland appear to have ignored easily obtainable evidence of Putin and Roldugin’s bonds. Banks are required by law in Switzerland to determine if account holders are connected to politicians to safeguard against improper use of the account. The industry term for this is “politically exposed persons,” or PEPs.

The Mossack Fonseca files contain an application by Gazprombank Switzerland in 2014 to open a bank account for a company in Roldugin’s name. The form explicitly asked whether the owner of the company had “any relation to PEPs or VIPs.”

www.icij.org/…

VTB Bank – Funds Russia’s military-industrial complex and oligarch operations.

Promsvyazbank – Handles arms transactions, mercenary payments, and defense procurement.

Sberbank – Russia’s largest bank, ..Russia’s largest bank, central to oil deals and evading global financial sanctions.

Russia never imposed sanctions on Israel.

Never halted trade.

Never condemned its occupation of Gaza or the West Bank.

Instead, Putin's ally Roman Abramovich invested over $100M in Israeli settler institutions.

Source: Haaretz, BBC, The Guardian.

Trump lifts sanctions on Russia less than a week after Putin refused to help Iran.

Russia's wartime economic momentum is fading fast, with key resources nearly exhausted, Russian Central Bank Governor Elvira Nabiullina said, warning that the country can no longer rely on the same tools that sustained growth in the first two years of the full-scale war against Ukraine, the Moscow Times reported on June 19.

Speaking at the St. Petersburg International Economic Forum, Nabiullina said that the Russian economy had been expanding on the back of "free resources," including labor, industrial capacity, bank capital reserves, and liquid assets from the National Wealth Fund (NWF) — all of which are now reportedly nearing depletion.

"We grew for two years at a fairly high pace because free resources were activated," she said. "We need to understand that many of those resources have truly been exhausted."

Speaking at the same forum, Russian President Vladimir Putin ordered officials "not to allow stagnation or recession" in the Russian economy under any circumstances.

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[1] Url: https://www.dailykos.com/stories/2025/6/30/2331035/-Ukraine-Invasion-Day-1-224-Krasnov-lifts-sanctions-against-Russia-while-refusing-to-help-Ukraine?pm_campaign=front_page&pm_source=trending&pm_medium=web

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