Oh yes, it’s not just Putin talking to Russians here. VTB chief Kostin has also decided to offer the people a few words of wisdom.
So, feel free to follow the link and have some fun trolling this leading “Effective Manager” of the country and head of the Main Kickback Bank. The topics are quite varied: The drilling rigs deal Fraud in the Cypriot subsidiary bank Making it into the world’s top 20 most unprofitable banks. All the other strange deals: from Bank of Moscow to the purchase of various developers. Basically, anyone in the banking business—or even just someone who reads the business press—will find a couple of good questions for Kostin. And yes, by the way, since Kostin has already developed a habit of constantly lying when answering questions about the fate of the drilling rigs: the rigs are operating and generating profit.
This is a very recent and up-to-date photo. The rigs have been “operating and generating profit” for several years now—lying in the snow in winter and in the swamp in summer. One or two out of thirty have actually been put into operation. That’s $650 million of shareholders’ money, by the way.
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