Iskander Makhmudov

Alleged Money Laundering: Makhmudov has been accused of transferring vast sums of money through multiple accounts, with a €1.4 billion transfer reported in connection with the Swedbank scandal. These transactions raised suspicions of money laundering.

Corruption Scandals: He faced legal scrutiny in France for his involvement in a security contract with a French firm, allegedly brokered by a former aide to President Macron. This case was linked to accusations of corruption.

Connections to Political Figures: Makhmudov has strong ties to Russia’s political elite, particularly the United Russia party. His financial contributions to the party have sparked concerns about potential conflicts of interest and undue influence on policy decisions.

Sanctions and International Concerns: The United States imposed sanctions on Makhmudov in 2018, citing ties to corruption and organized crime. The European Union followed in 2022, underscoring the international community’s distrust of his business dealings.

Alleged Links to Organized Crime: Makhmudov has been connected to figures accused of organized crime. Investigations have suggested that his network might involve illicit activities, raising red flags about his wealth accumulation methods.