The Company Statement
July 25, 2024

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.

July 25, 2024Illegal flow of technology to Russia goes through this Hong Kong address, - NYT
July 25, 2024Hong Kong firms supplied Russia with American chips for weapons production
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