27 results found

Luxembourg authorities have discontinued a criminal investigation into potential EU sanctions violations by Spacety Luxembourg SA, a Chinese satellite firm that was subsequently placed into liquidation. The case was closed after mutual legal assistance requests were made, though details about the responses and recipient countries remain unclear.

Luxembourg's Finance Ministry has launched an investigation into former Gazprombank Luxembourg managers over allegations of sanctions circumvention and potential insider trading. The probe centers on a sophisticated bond-trading scheme that allegedly exploited EU sanctions through transactions between Luxembourg and Russia.