Vast Russian corporate deposits frozen in Cyprus banks (equals how many passports?)

Russian frozen deposits revealed


Two of Russia's biggest companies recently revealed the vast sums of money they have frozen in Cypriot banks. OAO Sovcomflot, Russia's biggest shipping group (revenue $1.4bn) has $25.8 million frozen in Laiki Bank.


And Russian auto maker AvtoVAZ has $20.5 million frozen in 'Cypriot banks'—about 40% of the company's 2012 profit. ( WSJ Paris and Alpert 15 April 2013.


I wonder if they will be able to buy multiple Cypriot citizenship vouchers as mooted by President Anastasiades at a loss-per-voucher of $3.91 million (Spiegel Online 15 April 2013).


Maybe its time for a BOGOF (Buy one get one free) offer.

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