Madagascar
Russian bank PSB deputy chairman's intriguing visit to Antananarivo

Vice president of Russian state-owned Promsvyazbank, Mikhail Dorofeev, in Vladivostok, Russia, September 2025.
Vice president of Russian state-owned Promsvyazbank, Mikhail Dorofeev, in Vladivostok, Russia, September 2025. © Facebook
A delegation led by the number two of a Russian bank targeted by Western sanctions travelled last weekend to Madagascar by private jet, according to our sources. PSB deputy chairman Mikhail Dorofeev is a specialist in circumventing sanctions. [...]
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