O1 Group

Assets

As of February 2014, the strategic assets of the O1 Group are:

• investment company O1 Properties, one of the largest owners of class A and B + office real estate in Moscow ,
• NPF Telecom-Soyuz and
• NPF "Stalfond."

History

2019: Loss of NPF Future for debts

NPF "Future" at the beginning of 2019, it was the fourth largest Russian fund for obligations to citizens under the OPS. In 2018, the eponymous financial group (FG), which included NPF, transferred for debts from the O1 Group Boris Mints to the Cypriot offshore Riverstretch Trading & Investments (RT&I), which at the end of 2018 sold 49% of the shares of the flagship fund of the investment company (IC) Leningrad Adagio, owned by the Cypriot offshore WH. At the Region Group of Companies Sergey Sudarikov beginning of 2019, the IC, due to additional emotion, increased its share to a little more than 50% of the authorized capital of NPFs.

2014: Investment through Buran Venture Capital

On June 2, 2014, the venture capital fund Buran Venture Capital began closing the second round of investments with a total volume of $15 million, in which O1 Group was the lead investor. Dmitry Mints, a member of the Board of Directors of the O1 Group, also joined the Supervisory Board of the fund. The closing of the round will take place before October 1, 2014.

"We are actively considering various opportunities for investment in promising sectors of the economy. The development of technologies and online services has, in our opinion, great growth potential in Russia. The decision to participate in the Buran VC fund is a purely financial investment for us, in managing its assets we rely on the experience of the fund's professional team, "commented Marina Rudneva, General Director of the O1 Group

2010: Founding of the company by Boris Mints

The company was founded in 2010 by Boris Mints.

2017: Sale of bonds by Otkritie and Growth Banks

O1 Group Finance with Otkritie and Rost Bank acquired O1 bonds shortly before the Central Bank sanitized Otkritie in 2017 (it owned the Trust), and soon Binbank (was the owner of Rost Bank). Otkritie bought $500 million worth of bonds (about 30 billion rubles at that time), Rost Bank bought $350 million (21 billion rubles), and the group repaid loans to the same banks with the money received and released collateral.

In fact, we are talking about replacing liquid with illiquid assets before the collapse of the bank.

2021: Trust and Otkritie filed an application in the Moscow court for recognition of the decision of the London court in the case of Mints

The Trust non-core assets bank, which specializes in repaying the debts of banks sanitized by the Central Bank, filed an application with the Moscow court for recognition of the decision of the London court in the case of Boris Mints and Alexander Nesis (Centimila Services, Nori Holding and Coniston Management).

Trust and Otkritie are trying to recover about $700 million from Mints and his sons in the High Court of London, where the businessman and his family moved in 2018.

The amount of claims against three companies is 35 billion rubles. and concerns the purchase of illiquid bonds with maturity in 2032 shortly before the bank became the property of the Central Bank.