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Exclusive: Inside the years-long scheme to turn a nationalized bank into Zelensky allies’ 'piggy bank'

Key findings: * A Ukrainian state-owned bank, seized from a Russian owner in 2023, was allegedly turned into a tool for insider corruption. * A senior aide to President  Volodymyr Zelensky, Iryna Mudra, pressed to install a favored, conflicted candidate on the bank's oversight board. * Two officials who vetted him warned he had ties to a previous bank failure and a conflict of interest, but he was appointed anyway. * The bank's rushed, low-scrutiny nationalization made it easier to quietly

About Rosneft

Rosneft is Russia's state-controlled oil company and one of the world's largest petroleum producers, with headquarters in Moscow and operations across multiple countries. The company, majority-owned by the Russian government since 2004, controls significant oil and gas reserves and refining capacity that generate revenue supporting Russia's war economy. Western sanctions imposed after Russia's full-scale invasion in February 2022 have targeted Rosneft's international operations.

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