 However, subsequent media reports noted that the offshore structures established by the Rybolovlev family trust pre-dated the divorce proceedings by several years.Furthermore, the family trust had publicly disclosed the companies as owners of the art works long before the Panama Papers report was published, a fact that the original Panama Papers report had omitted.Georgi Bedjamov, President of the Federation of Bobsleigh and Skeleton of Russia and former co-owner of Vneshprombank, was arrested in March 2016 in Monaco after an international arrest warrant was issued against him by the Russian authorities on charges of fraudulent bankruptcy and embezzlement.