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Any money coming out of Russia is somehow related to Putin and his oligarchs. If you want to stop the Russian government from laundering money you'd need to sto
by jorblumesea 9y ago
Any money coming out of Russia is somehow related to Putin and his oligarchs. If you want to stop the Russian government from laundering money you'd need to stop trading with Russian companies in general. There's little separation between state and private interests. Money just doesn't come out of Russia at that level without the state being involved.
Regardless, it's likely this move was more financially motivated than politically. Diversification is the key to any portfolio and with Russia's economy tanking it was probably to ensure their billions stayed billions and wasn't held in worthless rubles or corrupt state companies.