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Regulation

Luxembourg investigates former Gazprombank managers

Luxembourg authorities are investigating former Gazprombank managers after a Financial Times inquiry reported that four former directors enriched themselves through a sanctions-busting trading scheme. The RSS material does not identify the authorities, potential offences, sums involved or responses from the former managers, and an investigation does not itself establish wrongdoing.

Why it matters

The inquiry tests European enforcement of financial sanctions and scrutiny of executives linked to Russian banking.

Sources

finite. summarises the reporting above and links to each original. We do not reproduce full articles. Read the sources for complete coverage.

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