Key points:
- The real owners are said to be citizens of the Russian Federation
- Detained Director has “been informed of suspicion of aiding the aggressor state”
- However, Pin-Up Global CEO recently denied certain allegations
The State Bureau of Investigation (SBI) of Ukraine has announced that it has detained the Director of Pin-Up.
A pre-trial investigation is currently ongoing, but during the investigation it has been found that the real owners, which received a licence to conduct casino gaming online, are citizens of the Russian Federation.
It is not named who the Director is, but they have “been informed of suspicion of aiding the aggressor state.”
The SBI's press release mentions the link between the brand and representatives of Russia and entities subject to sanctions in Ukraine, and how “financial flows” were set that helped support the “aggressor’s budget.”
It was also mentioned that the individual controlling the activities of the online casino had been financing veterans of the so called “svo.”
Good to know: In early January, it was revealed that the Commission for the Regulation of Gambling and Lotteries (CRGL) in Ukraine had been liquated, with a new body overseeing gambling proposed to be established by April
The investigation also found that the business continues to conduct its activities in Russia and on Russian web resources
The court has granted the request of the SBI and the Prosecutor General’s Office to transfer funds which had been seized from the company’s assets to the ARMA administration.
This comes after last week, Pin-Up Global CEO Marina Ilina denied accusations against the owner of the Pin-Up Ukraine operator, related to allegations of high treason and aiding and abetting Russia.
