It surprised me to see China's CEFC in the new Hunter Biden conspiracy
Since 2017 I've tweeted 50+ times on huge deals CEFC pursued with Russia - w/Deripaska's EN+ and a Rosneft deal that fell thru when CEFC corruption was exposed
CEFC's activity has been odd for years
Since 2017 I've tweeted 50+ times on huge deals CEFC pursued with Russia - w/Deripaska's EN+ and a Rosneft deal that fell thru when CEFC corruption was exposed
CEFC's activity has been odd for years
https://twitter.com/WendySiegelman/status/1115789478566748160
In 2017 CEFC and Rosneft announced an agreement for CEFC to invest over $8 billion in Rosneft - which would have been the largest Chinese investment in Russia in a decade
The deal fell through when CEFC was investigated for corruption
The deal fell through when CEFC was investigated for corruption
https://twitter.com/WendySiegelman/status/933387689298223104?s=20
Oleg Deripaska's EN+ listed on London Stock Exchange and raised $500 million from CEFC through subsidiary AnAn Group
EN+ was Russia's largest global IPO after they were sanctioned for Crimea, and an important test of raising $ through public offerings
EN+ was Russia's largest global IPO after they were sanctioned for Crimea, and an important test of raising $ through public offerings
https://twitter.com/WendySiegelman/status/915908037877096448?s=20
2018 story reported Russian bank VTB demanded CEFC’s subsidiary repay loan VTB gave to invest in EN+
Story noted CEFC investment was a key "boosting for the listing, the largest Russian public offering in years"
VTB loaned $ to CEFC to boost EN+ IPO
ft.com/content/196256…
Story noted CEFC investment was a key "boosting for the listing, the largest Russian public offering in years"
VTB loaned $ to CEFC to boost EN+ IPO
ft.com/content/196256…
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