| 19.4°C Dublin

Close

Premium

A low-profile Dublin firm had a key role plugging Russia into global finance

Cafico International provided services on deals worth billions for corporations linked to oligarchs and the Putin regime

Close

Russia's President Vladimir Putin. Photo: Andrey Rudakov/Bloomber

Russia's President Vladimir Putin. Photo: Andrey Rudakov/Bloomber

Roman Abramovich

Roman Abramovich

Oligarch Oleg Deripaska attends a meeting with Russian president Vladimir Putin. Photo: Sasha Mordovets/Getty Images

Oligarch Oleg Deripaska attends a meeting with Russian president Vladimir Putin. Photo: Sasha Mordovets/Getty Images

/

Russia's President Vladimir Putin. Photo: Andrey Rudakov/Bloomber

On a Dublin backstreet, behind a Georgian townhouse where the Irish Red Cross is raising funds to support Ukraine, a once-thriving hub of Russian finance is falling apart.

Here, a little-known firm quietly helped to keep Russia’s global money engine ticking over in recent years. Cafico International set up shell companies for some of the country’s biggest businesses, providing directors and accounts, helping them to sell bonds and raise billions of dollars.


Most Watched





Privacy