American authorities accuse him of circumventing anti-Russian sanctions
Gannon Bond and Vadim Wolfson, former co-owner of the bank “FC Otkritie,” have been arrested in the United States. In Russia, he was known as Vadim Belyaev. They are accused of assisting VTB head Andrey Kostin in bypassing US sanctions, according to the US Treasury.
According to the American authorities, these individuals tried to help Kostin sell his property in Colorado for $12 million.
The US Treasury accuses VTB’s head of money laundering and violating sanctions imposed against him in April 2018. On February 24, 2022, the US imposed blocking sanctions against VTB and several other Russian banks.