Olax Finance
Hong Kong · Defense, Electronics, Finance & Payments, Services
LeaveRussia detail: Continue Operations
Olax Finance (OFL) is a Non-banking financial company based in Hong Kong. OFL specializes in banking and financial sector projects in developing and transition countries.
Decision trail
Decision date 25/07/2024 · Reference ↗
Ignoring sanctions, Russia has received almost $4 billion in illicit chips since the start of the war in Ukraine. Many were sent through a cluster of shell companies in Hong Kong. The companies have names such as Olax Finance and Rikkon Holding.
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Possible sanctions matches
Name-based matches against EU/US/UK lists — verify identity before drawing conclusions.
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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