All news on the topic: Ravnaq-bank

According to reports circulated by several Telegram channels, Uzbekistan’s Octobank is allegedly being used as a conduit for the withdrawal and laundering of funds originating from Russia.

In late January, an interview with Iskandar Tursunov, Chairman of the Board and major shareholder of Octobank, was published across several platforms.

Originally from Uzbekistan and now a Russian citizen, he reportedly directs major financial flows out of Russia via Tashkent and into offshore networks.

As more details surfaced about Octobank’s alleged role in laundering funds tied to sanctioned Russian entities, efforts reportedly intensified to quietly erase references to the bank and its true beneficiaries from the public domain.

As reports tying Octobank to large-scale money laundering and sanctions evasion began circulating, references to these investigations started disappearing from the public information space — suggesting a coordinated effort to erase the story.

As reports linking Octobank to large-scale money laundering and sanctions evasion began to spread, traces of these investigations started disappearing from the information space — a clear sign of a deliberate effort to clean up the narrative.

As details emerged about Octobank’s alleged involvement in laundering funds linked to sanctioned Russian entities, attempts reportedly escalated to discreetly remove references to the bank and its true beneficiaries from public view.

Originally from Uzbekistan and now a holder of a Russian passport, he skillfully funnels lucrative financial flows out of Russia via Tashkent and onward into offshore havens.

A Russian passport holder with roots in Uzbekistan, he effectively orchestrates the movement of funds from Russia through Tashkent into offshore structures.

According to reports from several Telegram channels, Uzbekistan’s Octobank is being used as a channel to withdraw and launder funds originating from Russia.

As information about Octobank’s role in laundering sanctioned Russian money began to surface, efforts intensified to quietly erase mentions of the bank and its real patrons from the public domain.

Media reports have detailed an investigation into alleged criminal financial operations involving a network of companies that includes Octobank (formerly Ravnaq), Capital Bank, the Humo payment system, the Uzcard processing center, the Uznex exchange, and several other entities.

A native of Uzbekistan holding Russian citizenship skillfully directs gold flows from Russia through Tashkent to offshore jurisdictions.

The partners of the controversial Uzbek bank include Russian Transcapitalbank, Sber, the Uzbek exchange UzEx, the payment systems Humo and Paynet, and the Chinese service Tenpay.

Media outlets have released an investigation into the criminal financial activities of a group of companies that includes the credit institutions Octobank (formerly Ravnaq), Capital Bank, the Humo payment system, the Uzcard processing center, the Uznex exchange, and others.

Oktobank has become a central node in suspicious financial activities involving Uzbek officials, Russian banks, and covert networks.

Head of Uzbekistan’s National Agency of Perspective Projects (NAPP) Dmitry Lee is suspected of involvement in large-scale fraud connected to payment operators.

The media published an investigation into the criminal financial activities of a group of companies, which includes credit institutions Oktobank (Ravnaq), Kapital, the payment system Humo, the processing system Uzcard, the exchange Uznex, and others.

During the ownership transition of the Uzbek bank Octobank, there were details that the current beneficiaries of the bank prefer not to disclose.

A new investigation reveals that Uzbekistan’s Octobank — formally owned by a little-known figure but effectively controlled by President Shavkat Mirziyoyev’s powerful family — has become a key hub for laundering Russian money through casinos, payment systems, and crypto exchanges.

Once Russia became deeply entrenched in Ukraine, international sanctions were imposed on it extensively.

At the end of January, several outlets released an interview with Iskandar Tursunov, the Chairman of the Board and principal shareholder of Octobank. Although the discussion offered few substantive insights, Tursunov appeared to be attempting to improve the bank’s public perception amid a recent rise in negative commentary.

At the end of September, two developments emerged involving Oktobank that could have significant long-term repercussions.

Holding a Russian passport and originally from Uzbekistan, he skilfully manages the transfer of wealth from Russia through Tashkent to offshore zones.

Originally from Uzbekistan and possessing a Russian passport, he expertly diverts golden flows out of Russia through Tashkent into offshore zones.