The Central Bank of the Russian Federation reported on the schemes used by investors from friendly countries.
Investors buy assets from unfriendly investors at a large discount and resell them on the Russian market.
Payments for such transactions are credited to frozen type C accounts, the RBC article emphasizes.
First Deputy Chairman of the Bank of Russia Vladimir Chistyukhin reminded that money can be withdrawn from C accounts only with permission from a government commission.
However, the funds can be used for mandatory expenses: fines, taxes, or the purchase of bonds at Finance Ministry auctions.
The freezing of accounts was a response to the blocking of the Central Bank's gold and foreign exchange reserves abroad.
Chistyukhin explained that the assets of friendly non-residents are mainly stored in standard accounts.
Type C accounts are opened for depositories whose clients cannot be verified.
Funds are credited to non-residents from friendly countries into regular accounts, taking into account the general rules.
According to the Deputy Chairman of the Central Bank, exceptions include situations involving unfair practices.
