OREANDA-NEWSThe opening of trading on March 6 on the Moscow Exchange was marked by a sharp drop in the cost of receipts from TCS Group, the parent company of Tinkoff Bank, whose founder Oleg Tinkov was accused by the US Department of Justice of tax evasion. At the time of the opening of trading, the value of securities fell to 1350 rubles. apiece, which is 8.9% below the closing level of previous trading.

Having reached a minimum, the cost of receipts increased slightly. By 12:25 Moscow time, their cost was 1377 rubles. apiece, which is 7.1% lower than Thursday's close of trading. At the same time, TCS Group receipts fell on the London Stock Exchange. At a minimum, the price of securities dropped to $ 20.25 apiece, which is 8.16% lower than the closing level of previous trading.

On March 2, TCS Group posted on the London Stock Exchange website that Tinkoff was detained in London and released on bail in connection with claims by the US Internal Revenue Service (IRS). At the same time, the notification noted that Tinkov was involved in legal proceedings as a private person, so that “the situation doesn't affect any of the group’s operating companies”.

On March 6, the US Department of Justice announced that Tinkov was accused of hiding information about his assets at the time of withdrawing from US citizenship, which allowed him to save on taxes.