The central bank allowed Russia’s state-owned company GTLK to take a break from sanctions to pay millions of euros in wages, rent and legal fees

The Central Bank of Ireland granted Russia’s state-owned transport leasing company nine exemptions from EU sanctions in three months to allow it to pay millions of euros in wages, bond repayments, legal fees, rent and IT services.

Records released under Freedom of Information show that GTLK was the only financial firm to be granted waivers in the three months following EU-imposed sanctions against Russia after invading Ukraine.

https://www.independent.ie/irish-news/news/central-bank-allowed-russian-state-firm-gtlk-a-break-from-sanctions-to-pay-millions-of-euro-in-wages-rent-and-legal-fees-41959521.html The central bank allowed Russia’s state-owned company GTLK to take a break from sanctions to pay millions of euros in wages, rent and legal fees

Fry Electronics Team

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