Switzerland has frozen $130 million belonging to Alexey Krapivin, co-owner of “GC 1520,” in a case involving laundering funds stolen from Russian Railways (RZD) through the “Laundromat.
Two key witnesses have been questioned in Bern as part of the investigation into the laundering of money stolen from Russian Railways. $130 million has been frozen in the accounts of the co-owner of the state company’s main contractor.
For the first time, a separate investigation into money laundering from Russia is being conducted in Switzerland, targeting not the representatives of the money laundering channel, but the channel’s clients. Documents from Bern prosecutors indicate that the notorious Laundromat was used to launder money stolen from the Russian state corporation Russian Railways.
The main figure in the investigation is Alexey Krapivin, co-owner of GC 1520 (now controlled by the Rotenberg brothers). $130 million in funds have been frozen in his Swiss accounts. Former banker German Gorbuntsov and businessman Vitaly Ginzburg, whose companies served as contractors for Russian Railways, have testified (again) in this case. The issue of summoning former head of Russian Railways Vladimir Yakunin for questioning is being decided.
