VTB Capital, one of the bidders for India’s Essar Steel, has been involved in serious cases of corruption. After Victor Yanukovych was ousted in 2014,…
VTB, one of the bidders for India’s Essar Steel, has faced charges in the US. In 2016, the US Commodity Futures Trading Commission (CFTC) fined…
The similarities between VTB’s partnership with India’s Essar and the Hoima project in Uganda are striking. In 2016, a Russian consortium walked out from the…
Sanctions turned Russia’s VTB Group into a pariah in Western countries. VTB shifted its focus to Asia to offset US and EU sanctions. Amid sanctions,…
(The Ruia family controls the vast Essar corporation: from left, Anshuman Ruia, Ravi Ruia, Shashi Ruia and Prashant Ruia) The Ruias have very strong ties…
On 6 April 2018, the US Government imposed new sanctions against Russian businessmen and government officials. One of them, Andrey Kostin, reacted furiously. Kostin is…