Translated material
Revolut unlocked accounts for three FBK employees* and Konstantin Kotov after messages in the media. They associated the blocking with persecution in Russia
The European Bank Revolut first blocked the accounts of three FBK employees: Ruslan Shadadinova **, Dmitry Nizovtsev **, as well as Nina Volokhonskaya, and then, after they wrote about this in the media, the accounts were unlocked, said Shadadinov on social networks.
Shavedinov himself tied a short blocking of accounts with persecution in Russia: all three were included in the list of terrorists and extremists of Rosfinmonitoring. According to him, Revolut referred to a “request of law enforcement agencies/decisions of the court of some states”. In April, the Ministry of Internal Affairs of the Russian Federation stated that she was looking for Nizovtsev, Shavedinova and Volokhonskaya. The ministry called them "traitors of the Motherland", who allegedly "conduct subversive ideological work in relation to their people."
A similar story with Revolut also happened with activist Konstantin Kotov, who left Russia because of a criminal case against himself. In a conversation with the Mediazone **, Kotov said that the bank asked him for documents “explaining the origin of funds” in the account. Kotov provided an employment contract and payment orders, but the bank eventually decided to close the account. And after the reports of this in the media, he soon also unlocked.
Revolut and previously repeatedly limited the accounts of Russians in Europe. In response to Forbes, the representative of the bank, the representative of Paddie Crowley, confirmed that Revolut tightened formal requirements for Russians in August 2022, after the start of hostilities in Ukraine, throughout its presence. Crowley associated this with EU sanctions against the Russian Federation.
Revolut is a British fintech with Russian roots registered in Lithuania. It was founded in 2015 by Russian Nikolai Peninonsky and Ukrainian Vlad Yatsenko. Peninsky, after the start of hostilities in Ukraine, abandoned the Russian passport.