Oligarchs close to Putin continue to earn billions from trade with the EU,

According to a study by The Insider, billionaires close to Russian leader Vladimir Putin continue to earn money by exporting goods to the West, bypassing sanctions. To do this, they use a loophole that allows companies to operate on EU markets if the share of shares held by sanctioned businessmen is less than 50%. In particular, billions of dollars in profits from trade with the EU are received by the most odious Russian oligarchs – Gennady Timchenko, Alisher Usmanov and Oleg Deripaska.

The publication points out: if a businessman falls under sanctions, this does not mean that restrictions are automatically imposed on his assets. To do this, he must control at least 50% of the company. Second option: if there are several sanctioned co-owners, then they…