Yandex forecasts industrial revolution in 2020sScience & Space September 21, 17:36
Over 3,000 people evacuated from Yandex office over bomb threatSociety & Culture September 21, 17:24
Warsaw’s Soviet Military Cemetery cleared after vandal attackWorld September 21, 17:19
Russian premier slams EU position on Nord Stream 2Business & Economy September 21, 17:13
Tver gunman asks court to reduce his life sentence to 25 years in prisonSociety & Culture September 21, 17:02
Swedish King’s cousin plans to make wine in CrimeaSociety & Culture September 21, 17:01
Over 3,000 people evacuated over bomb threats in Moscow museums, legendary film studioSociety & Culture September 21, 16:39
Putin says Russian economy overcomes recessionBusiness & Economy September 21, 16:14
Police beef up security as migrants flock to Moscow shopping centerSociety & Culture September 21, 15:58
MOSCOW, May 21 (Itar-Tass) - The searches at the office of the Finam investment holding have nothing to do with company operation, its president Vladislav Kochetkov told Itar-Tass on Tuesday.
Kochetkov said the investigators were looking into transactions of one of Finam clients. He said he knew nothing if the client in question had carried out any illegal financial operations.
"Not through Finam," he said noting that "it would be logical to search other companies which serviced the client."
He declined to name the person. "It's a natural person whose name will tell you nothing; he's not an oligarch; just an ordinary businessman above medium level."
The searches were conducted from 07:00 through 12:00, Moscow time, on Tuesday. Finam's work was not paralyzed, but police sealed off several storeys.
Finam began to service clients later than usual.
Kochetkov said the searches had been conducted correctly.
Founded in 1994, Finam provides broker's services on all the key world exchanges, as well as all kinds of banking services. It engages in Forex trade and trust management of funds.