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How Four Russian Bankers Made Millions From EU Sanctions

Summary by luxtimes.lu
As Moscow reeled from western blowback over Ukraine war, traders at Gazprombank Luxembourg cashed in

4 Articles

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Four managers of the Luxembourg branch of Gazprombank made a profit of over nine million euros after Russia's attack on Ukraine with the insider trading of Gazprom bonds.

·Vienna, Austria
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Right

While Moscow was being hit with sanctions from the West over the war in Ukraine, Gazprombank executives in Luxembourg exploited the market turmoil for personal gain - The way they acted, the lax controls and their current situation

·Marousi, Greece
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Western sanctions were designed to isolate the Russian economy after the invasion of Ukraine. But for four top Gazprombank executives in Luxembourg, the turmoil they caused… FT: How 4 Russian bankers made millions from European sanctions - ΙΝΑΦΤΕΜΒΟΡΙΚΙ

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Naftemporiki broke the news on Wednesday, August 26, 2026.
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