WASHINGTON – Until last weekend, the Russian Direct Investment Fund touted prominent U.S. and European executives who serve on its international advisory board by posting their names on its website. On Tuesday, that list was suddenly no longer accessible after one adviser recently stepped down.
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The Russian fund was created under President Vladimir Putin to raise capital for investments. It has so far avoided U.S. financial sanctions tied to the Ukraine conflict, even though a sanctioned Russian bank funds it and a sanctioned Putin aide serves on its supervisory board.
A European businessman dropped off its board last week. A spokeswoman says that as of Tuesday no one else has left the board but doesn't offer an explanation for the missing list of names.