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Central Bank of Ireland Governor reveals 15 Russians on EU sanctions list have ‘some connections’ to shell companies in Ireland

By Elizabeth Hearst for AMLi

The Governor of the Central Bank of Ireland has revealed that about 15 Russians currently on the EU sanctions list have “some connections” to shell companies in Ireland. 

Speaking at a finance committee, Governor Gabriel Makhlour said it was a “live situation” adding that “I think, 15 or 16 of [Special Purpose Entities (SPEs)] have some connection, some connection to named individuals.”

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