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Vneshprombank owner’s property payment not a sham transaction, English court finds

By Dominic Lawson

21 August 2019

Vneshprombank owner’s property payment not a sham transaction, English court finds Moscow, Russia / iStock.com/yulenochekk

An English court has permitted the former owner of a collapsed Russian bank to make a payment on a London property, dismissing allegations that it was a sham transfer contrary to a freezing order against him.