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?
Most curious, despite a High Court order three weeks ago to restore Dublin-based Russian company RZD Capital PLC to the register (after it was dissolved in 2025 amid sanctions), there's been no effectuating filing at the Company Registration Office, and the company status remains 'dissolved'
If RZD Capital bonds are still being traded, how will the buyers see the return of their investment?
Most curious...
You are responsible
@jackfchambers as public expenditure minister, on behalf of the Irish taxpayer who owns residual assets in a dissolved company.
cc:
@cpkeena @JohnBurns43
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