Western Banks Helped Fund Blacklisted Oligarch’s Charity

Justice for Prosperity is proud to have contributed research and documentation for a recent investigative article published by The New York Times.

The piece exposes how Russian businessman Konstantin Malofeyev, who has been under international sanctions for nearly a decade, has continued to use Western banks to channel money into orphanages linked to the Kremlin’s program of deporting Ukrainian children — an effort prosecutors at The Hague have labeled a war crime.

Our team provided evidence, including transaction testing, that revealed how Malofeyev’s St. Basil the Great Foundation was still able to process international donations through U.S. and European banking systems. This critical information helped shed light on how sanctions enforcement can be circumvented, and how such loopholes can fuel foreign influence operations.

We thank The New York Times for amplifying this important story and for highlighting the urgent need for stronger accountability in sanction enforcement.

You can read the full article here: New York Times Article

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