UK firms investigated for sanctions violations
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Russia sanctionsBBC
•Dozens of UK-linked firms suspected of busting Russian oil sanctions
73% Informative
Government investigating 37 UK -linked firms suspected of breaking Russian oil sanctions.
Treasury has opened investigations into 52 companies suspected of breaching the price cap since December 2022 .
As of August 37 of those investigations were live and 15 had concluded, but no fines have been handed out.
Treasury said it would take action where appropriate, but pointed to the complexity of the cases as a reason they take considerable time.
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