More than 1.9 billion roubles from the parent company Domodedovo, DME Limited, was blocked in the Cypriot branch of a Tanzanian Bank FBME Bank Ltd, the newspaper “Vedomosti” with reference to the report of the company for the first half of 2016.
US officials suspect FBME Bank involved in money laundering. Cypriot authorities have repeatedly fined the local branch in 2008 due to an insufficient assessment of new customers and failure to comply with AML / CFT standards, in 2013, for violation of capital requirements and risk policy. In 2014, the Bank of Cyprus has introduced in the branch of FBME Bank temporary administration, which has restricted the issuance of funds from accounts opened at the Bank. In December 2015 the Cyprus Central Bank has revoked the license of the branch to carry out banking operations.
Group DME has placed the Cyprus branch of FBME excess of funds at a time when the Bank showed a stable position in the area of liquidity, the newspaper said the representative of the airport. “Based on this, to anticipate the revocation of the licence — the problem is rather from the field of divination, than practical”, he said.
Airport spokesman also said that the company has filed a lawsuit against the Bank and the interim Manager about the recovery of wrongfully withheld funds. “Our legal position allows an extremely high assessment of the likelihood of their return regardless of whether the liquidated Bank or he will be returned to the license,” he said.
He also noted that the current situation does not impose a “sensitive limits on the group’s business”, as the company has enough free cash. According to 30 June 2016, their volume was estimated at 7.5 billion rubles.
According to the analyst of Bank ING Egor Fedorov, an amount of 1.9 billion rubles takes into account the depreciation of deposits in FBME Bank on 346 mln RUB., the Bank blocked just for 2.25 billion rubles.
21 Oct Domodedovo airport is the first of the Moscow airports has disclosed consolidated financial results of its activity in January—June of 2016, and also announced not drop previously publicly reports on the performance of the company in 2014 and 2015. According to the report, the net profit of the company DME Limited in January—June 2016 amounted to RUB 3,672 billion, a 4.1% increase from the first half of 2015.
From the same report, it became known that the company Alamo Limited, through which billionaire Dmitry Mason controls 100% of Domodedovo in December 2015 has changed the place of registration from Mauritius to Malta.