nwl(@nwl88444048):Yesterday in Dublin, the Companies Registration Office (CRO) restored to the companies register the Dublin-based Russian financial institution RZD Capital PLC, a massive company through which billions of euro passed in funding to Russian state railways between 2005-2025. RZD was dissolved in August 2025 after its directors and auditors resigned because of EU sanctions. After dissolution, the entire assets of the company vested in the Irish taxpayer, safeguarded by the public expenditure minister Jack Chambers, @jackfchambers A month ago, the High Court ordered the restoration of the company to the companies register based on a petition represented by a tiny 2-partner Dublin firm of solicitors. We are now seeing signs (or at least listings) indicating that €150m bonds in RZD Capital PLC are again being traded. Bonds due for redemption in 2028. What is going on, and specifically are there €150m of assets in that company which belonged to the taxpayer since the dissolution until the restoration last month?

2026.07.24 07:57

Yesterday in Dublin, the Companies Registration Office (CRO) restored to the companies register the Dublin-based Russian financial institution RZD Capital PLC, a massive company through which billions of euro passed in funding to Russian state railways between 2005-2025. RZD was dissolved in August 2025 after its directors and auditors resigned because of EU sanctions. After dissolution, the entire assets of the company vested in the Irish taxpayer, safeguarded by the public expenditure minister Jack Chambers, @jackfchambers A month ago, the High Court ordered the restoration of the company to the companies register based on a petition represented by a tiny 2-partner Dublin firm of solicitors. We are now seeing signs (or at least listings) indicating that €150m bonds in RZD Capital PLC are again being traded. Bonds due for redemption in 2028. What is going on, and specifically are there €150m of assets in that company which belonged to the taxpayer since the dissolution until the restoration last month?

nwl@nwl88444048

2026.07.23 12:42

EU today targets 94 Russian financial institutions for sanctions, yet in Ireland, we've just seen a major Russian financial institution, RZD Capital PLC - which raised billions euro for Russian state railways - recently RESTORED to the company register, after it was struck off in 2025 amid ..... sanctions. What are they playing at? And is the public expenditure minister @jackfchambers keeping an eye on RZD assets which vest in the taxpayer after last year's dissolution? While RZD remains dissolved at the Companies Registration Office in Dublin, we are now seeing indicatons of curious trade in €150m of RZD bonds which mature in two years. Why would anyone buy a bond in a company which was dissolved amid sanctions?

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