Lukashenko’s “money Man” Transferred Large Sums Of Money Through Banks In New Zealand And Vanuatu
6- 15.06.2026, 13:44
- 5,230
The bill runs into the millions of euros.
A company linked to Lukashenko’s “wallet” Lukashenko Alexei Oleksin, borrowed money interest-free from his MTBank, made money on it in Cyprus, and transferred the profits through Vanuatu and New Zealand, as revealed by BRZ.
From there, the funds were transferred “laundered” to Oleksin’s personal account in Belarus. Experts note signs of tax evasion in the scheme. A Lithuanian businessman is among the organizers of the scheme.
Withdrawals of funds from MTBank by Oleksin’s company were disguised as prepayments for petroleum products. They would transfer the money, then terminate the contract and return the prepayment.
During the several months that passed before the “prepayment” was returned, the Cypriot recipient firm, Sumsteg International Limited, issued short-term loans using those funds, earning interest. Sumsteg was owned by Mehti Mehtiev—a friend of Oleksin’s son, Dmitry. But it was managed by the Lithuanian company Lewben, known for managing Alexander Lukashenko’s “slush funds.”
Between 2015 and 2021 alone, the parties terminated prepayment contracts totaling nearly $500 million.
Sumsteg transferred part of the funds from this activity through Pacific Private Bank in Vanuatu using the New Zealand payment system WorldClear. This system is known for working with high-risk clients.
The money was then transferred to Oleksin’s personal account under the guise of loan repayments. The BRC traced at least $3.5 million that entered Oleksin’s account in this manner.
Financial crime experts interviewed by the BRC saw signs of money laundering and possible tax evasion in this scheme.
Pacific Private Bank in Vanuatu, through which the money was routed in this manner, was owned by Lithuanian lawyer Vilius Kavaliauskas, the owner of Lewben.
Bank's name: Bank Millennium S.A.
Address: ul. Stanislawa Zaryna, 2A, 02-593, Warszawa
IBAN: PL97116022020000000216711123
SWIFT: BIGBPLPW
Name of the account holder: Fundacja “KARTA ‘97”
Purpose/title of payment: Donation for statuary aims
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