Leaked Files Raise Questions Over Millions Flowing to Belarusian Tycoon

An investigation into Sumsteg’s dealings with Aliaksei Aleksin’s energy firms finds 18 contracts totaling over $300 million tied to advance payments and abnormal cancellation patterns, while Sumsteg’s filings list its business as financing rather than oil supply. Internal balance reconciliations show liabilities to Belneftegaz and Energo-Oil and at least one large repayment; the report highlights ownership opacity, possible money flows between Sumsteg, Wallitus and MTBank, and compliance concerns tied to jurisdictions like Cyprus and Vanuatu.