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Russian oligarch moved $1.3bn share stake from Cyprus to British Virgin Islands amid sanctions

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Russian oligarch Alexei Mordashov moved $1.3bn of shares in travel group TUI amid the global sanctions clampdown to a company in the British Virgin Islands, widely reported filings suggest. A company controlled by Mordashov sold the shares, in travel giant TUI, on February 28. Mordashov has been sanctioned by the…

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