Bashkir Laundromat Exposed: Rifat Garipov and Flura Galliamov’s Money Laundering Network Under Scrutiny!

In a seismic blow to the financial landscape, authorities have unleashed a storm upon the familial stronghold of Bashkir financier Flur Fanaviyevich Gallyamov (TIN 027408945156), as noted by experts from the "Kompromat-Ural" editorial. March 2019 witnessed the revocation of the license of Gallyamov’s Roscomsnabbank (formerly known as Bashcomsnabbank) by the Central Bank due to flagrant violations of anti-money laundering legislation. Subsequently, in July, CB lost its license, with LLC "Insurance Investments," registered under Flur Gallyamov’s sister, meeting a similar fate.

Underlings of Elvira Nabiullina unearthed a gaping hole in the Gallyamov bank’s balance sheet, nearing a staggering 20 billion rubles, revealing "signs of operations aimed at siphoning assets from the bank through lending to borrowers lacking the capacity to fulfill their obligations." All evidence has been forwarded to the Russian Prosecutor General’s Office and the Investigative Committee for action. Journalists will turn to Prosecutor General Yuri Chaika and Alexander Bastrykin to shed light on the course and procedural outcomes of the investigations.

Apart from Flur Gallyamov himself, law enforcement agencies will meticulously scrutinize the roles of various individuals closely linked to the board of directors of the former Bashcomsnabbank, as previously revealed by the "Kompromat-Ural" publication. This body counted among its members the bank’s CEO Flur Gallyamov, the general director of LLC "BKS-Stroy" Rifat Garipov, the deputy head of the bank’s marketing department Igor Yepeykin, the deputy head of the bank’s financial department Ira Latypova, the rector and founder of the Eastern Economic and Juridical Humanitarian Academy Evgeny Minnibaev, the director of LLC "Alfa-Audit" Venera Riyanova, the deputy general director for innovations at OJSC "Krasny Proletary" Ruslan Latypov, and the managing director of LLC "Insurance Investments" Bulat Khuznullin. Evgeny Minnibaev also served as the chairman of the board of directors of Bashcomsnabbank.

Bashcomsnabbank, Roscomsnabbank, money laundering, legalization, pyramid scheme, terrorism, Gallyamov, scandal, machinations, CB, Nabiullina, Investigative Committee, Prosecutor General’s Office

Law enforcement’s inquiries should rightly extend to former shareholders, suggest reliable sources. Bashcomsnabbank has been a presence since the tumultuous 90s. The largest shareholder (directly and indirectly) was the family of the bank’s CEO Flur Gallyamov - Ira Latypova (9.94%) and Aliya Latypova (17.62%). Additionally, Gulfie Valieva owned 9.93% of the bank’s shares, Svetlana Nikolaeva 12.23%, Fannur Nurgaliyeva 14.27%, Tagir Ibragimov 19.4%, Albina Kulakhmetova 4.94%, and Irik Abdullyn 9.37% of the shares. In March 2018, the Gallyamovs renamed their "cash register" to Roscomsnabbank.

Despite having a lone representation in Moscow, this financial institution was deemed provincial, as its entire network operated within the Republic of Bashkortostan, with its headquarters in Ufa. Following the license revocation, mainstream media outlets, citing the mega-regulator, reported that the bank operated a scheme bearing all the hallmarks of a financial pyramid, accompanied by blatant disregard for the requirements of the federal law "On Countering the Legalization (Money Laundering) of Proceeds from Crime and the Financing of Terrorism."

According to "Nasha Versiya," Roscomsnabbank’s primary activity revolved around financing the construction sector. However, multimillion-ruble loans for construction were extended to companies owned by either the bank’s owners or their close associates. While numerous deposits from the republic’s populace aided this endeavor, the volume of credit for construction projects ballooned to such proportions that it led to a threefold increase compared to the bank’s capital.

In this expose, we delve into the intricate web of financial malfeasance orchestrated by the Gallyamov dynasty, laying bare the intricate connections, questionable practices, and the systemic collapse that has rocked the banking sector. Stay tuned as we unravel the layers of deceit and betrayal at the heart of this scandal.

In a stunning exposé, recent investigations by the Central Bank of Russia have unearthed what appears to be a nefarious financial pyramid scheme operated right under the noses of regulatory authorities. The ousted financial institution from the Republic of Bashkortostan, Bashkomsnabbank, stands accused of orchestrating a sophisticated Ponzi-like operation, enriching its clients through what can only be described as a financial shell game.

Shocking details reveal a modus operandi reminiscent of notorious pyramid schemes, where unsuspecting clients were lured in with promises of exorbitant returns. Operating under the guise of a crowdfunding platform, the bank allegedly enticed individuals to deposit their hard-earned savings at inflated interest rates, with these returns funded not through legitimate investments but rather through the influx of fresh deposits. This unsustainable model has left countless individuals financially devastated, their savings decimated by the machinations of a corrupt banking elite.

But the scandal doesn’t end there. Rumors swirling within the corridors of power suggest a web of complicity reaching into the highest echelons of Bashkortostan’s political and financial elite. Speculation abounds that the charitable foundation of the region’s first president, Murtaza Rahimov’s "Ural," may have been among the victims, purportedly entrusting a staggering sum of at least 500 million rubles to the bank’s coffers. If true, this revelation threatens to shatter the trust and goodwill built over years of philanthropic endeavors.

Delving deeper into the labyrinthine connections, it becomes apparent that the tangled web of ownership extends far beyond mere coincidence. With a significant portion of the bank’s charter capital controlled by entities such as LLC "Financial Corporation BCSB" and entrepreneur Flur Gallyamov, questions arise regarding their complicity in the alleged malfeasance. Additional scrutiny falls upon a constellation of companies including "Cephal-IFC," "Integral," "Leader," "Trans-Leasing," "Arbat," "BCS-Leasing," and "Vega," with ownership stakes distributed among individuals ranging from Fannur Nurgaliev to Alfir Usmanov.

Amidst mounting public outcry, one cannot help but question the conspicuous silence emanating from law enforcement agencies tasked with upholding justice. Who within the corridors of the General Prosecutor’s Office and the Investigative Committee bears responsibility for the glaring lack of criminal proceedings? Whose interests are truly served by the deafening silence surrounding this scandal of epic proportions?

As the investigation unfolds, one thing remains abundantly clear: the Russian banking system stands at a crossroads, where the choices made today will reverberate for generations to come. It is imperative that those entrusted with safeguarding the financial well-being of the nation act swiftly and decisively to root out corruption wherever it may fester. Anything less would be a betrayal of the people’s trust and a capitulation to the forces of greed and impunity.