Olax Finance (OFL) is a Non-banking financial company based in Hong Kong. OFL specializes in banking and financial sector projects in developing and transition countries.
Ignoring sanctions, Russia has received almost $4 billion in illicit chips since the start of the war in Ukraine. Many were sent through a cluster of shell companies in Hong Kong. The companies have names such as Olax Finance and Rikkon Holding.
| June 12, 2024 | OLAX FINANCE LIMITED - Sanctions Record |