Dymtro Firtash June 2021 trifecta of bad news. VTB Freeze Order, Sanctions & $281M loan

sanctions were imposed, Dmytro Firtash, Pavel Fuks, Dmitry Utkin (member of PMC Wagner Group), Oleg Deripaska, Alexey Miller (CEO of Gazprom), terrorist leaders Igor Bezler, Igor Gir

I mean to be fair your April 2021 was kind of interesting - FARA gotta FARA and what not:

Dear Dmytro Firtash - I heard about the new FARA filing and I miss you FARA #s 6394 <— morphs in to new FARA # —>6949 but the client remains the same: Dmytro Vasylovych Firtash

on June 8, 2021 - Firtash, $251.2M Ukrainian Supreme Court Ruling is final & not appealable…Civil Court of Cassation of the Supreme Court relieving Odessa Port of a >$251M debt. Aggregated: $193M of the main debt & $57M penalties. Inching closer to sale & IMF prerequisite…

Ukraine updated Sanctions announcement

President Volodymyr Zelensky enacted the June 18 decision of the National Security and Defense Council of Ukraine to impose sanctions on;

• Dmytro Firtash,

• Pavel Fuks - intersects with Giuliani and Trump

• Dmitry Utkin (member of PMC Wagner Group)

• Oleg Deripaska, previously fought sanctions

• Alexey Miller (CEO of Gazprom)

…”terrorist leaders”

• Igor Bezler, Igor Girkin, Pavel Gubarev, Vladimir Zhevaha Girkin ((PMC Wagner Group) , Pavel Gubarev, Vladimir Zhevaha (PMC Wagner Group) 

The official Ukrainian Government Official Announcement, found here - you’ll have to hit the translate button from Ukrainian to English or click here

IMPORTANT -NotPetya important

It is also important to understand that the 2018 sanctions the Ukrainian Government had imposed were set to expire in June 2021 - however this official announcement makes some really big news —and it’s important that you know what that “big news” is. As it arguably invokes NATO standards.

First Action -2018 sanctions set to expire June 2021

…personal sanctions against some individuals and legal entities, which were introduced by the NSDC decision of June 21, 2018, and enacted by the Decree of the President of Ukraine № 176, were extended.

“Given that these sanctions expire on June 21 this year, at the suggestion of the Cabinet of Ministers of Ukraine, the National Bank of Ukraine and the Security Service of Ukraine, it was decided to extend restrictive measures against these individuals and legal entities”, - the NSDC Secretary said.

Second Action -…status of “thief in law”, as well as criminal authorities ….leaders of organized criminal groups.

“The NSDC has decided to apply personal sanctions to 12 people who are in the status of increased criminal influence”, - Mr. Danilov stressed.

Moreover, he said, due to a significant number of complaints that three people were included in these sanctions lists “not very correctly”, the NSDC Staff with the assistance of the SSU and other competent authorities will conduct additional inspections.

Third Action: Russia’s Special Services NotPetya

…sanctions against 4 legal entities and 6 individuals affiliated with Russia’s special services were imposed by the NSDC decision.

“These legal entities and individuals are involved in developing the components of the NotPetya virus, which carried out its administration and modernization and organized cyberattacks on Ukraine’s critical infrastructure, - Mr. Danilov said. - Cybercriminals were identified by specialists of the National Coordination Center for Cybersecurity at the NSDC of Ukraine”.

additional individuals and organizations also sanctioned; Director General of Channel One Russia Konstantin Ernst, editor-in-chief of Russia Today TV channel Margarita Simonyan - additional sanctions were imposed on several Russian airlines, factories, several TV companies and TV channels, including Channel One. Worldwide Network, RTR-Planet, Russia-24, NTV, 

Ukrainian Cypriots

“Realizing the importance of implementing the political line of President Volodymyr Zelenskyy to restoreorder in the sphere of subsoil use and demonstrating social responsibility, two licenses for natural gas production and crude oil production were voluntarily returned to the state. These are the companies LLC “GEO ALLIANCE TARANUSHYNSKE” (Kharkiv region) and LLC “GEO ALLIANCE SOUTH-ORIL” (Dnipropetrovsk region)”, - Mr. Danilov explained.

Dmytro - come home -just hop on ConAir. I am certain the DOJ has a lovely widow seat waiting for you…

Oh and did you hear about the EU red line about Malta and Cyprus? yes good luck with that dual citizenship(s) you purchased because here’s how I see that going;

• EU to Malta and Cyprus knock off selling citizenships

• Cyprus to EU okay we won’t process anymore applications post 2020

• Malta to EU -whatever - you’re not the boss of our mighty and tiny country

• European Union - waited 6 to 10 months

then on June 9, 2021 the European Commission said ENOUGH -we’ve warned you multiple times and each time you’ve taken little to zero action.

has decided to take further steps in the infringement procedures against Cyprus and Malta regarding their investor citizenship schemes, also referred to as “golden passport” schemes. The Commission considers that by establishing and operating investor citizenship schemes that offer citizenship in exchange for pre-determined payments and investments, these two Member States fail to fulfil their obligations under the principle of sincere cooperation (Article 4(3) TEU) and the definition of citizenship of the Union as laid down in the Treaties (Article 20 TFEU).

The Commission launched these infringement procedures against Cyprus and Malta by sending letters of formal notice in October 2020. While Cyprus has repealed its scheme and stopped receiving new applications on 1 November 2020, it continues processing pending applications.

Hence, today the Commission decided to take the next step in the procedure against Cyprus by issuing a reasoned opinion. The Commission considers that the concerns set out in the letter of formal notice were not addressed by Cyprus.

Also I heard about your London Case VTB v Firtash —the fact that VTB keeps winning and their quest to freeze your assets (cash, loans, KnightsBridge Mansion, Brompton property and your winery in France. Seems like VTB is kind of petty but then again I like petty.

But hey on June 18, 2021 you kind of earned a lower case “w” because the Court agreed that VTB needs to pay for some of your litigation expenses - not all but some. However I genuinely think June 2021 might be your worst month ever or at a minimum worst month in a very long time.

In the circumstances in relation to the period from 23 April to 26 May 2021, I conclude that the Claimant should pay 100% of the Defendant’s costs for that period on the indemnity basis, to be summarily assessed.

I mean I don’t know VTB that well but the fact they pulled a bait and switch on Firtash and by extension UK Court. My educated guess is that VTB hedged their bets that Firtash couldn’t discharge the French Mortgage and VTB proverbially “bit the bullet” knowing the long play is to financial squeeze Firtash dry. Because if VTB had a sudden change of heart to let the Freeze Order lapse - well that means VTB would give up leverage.