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Sanctions: Russia

Asked by Calum MillerLiberal DemocratTreasuryTabled Answered 27 November 2025UIN 94121

The question

To ask the Chancellor of the Exchequer, whether the Office of Financial Sanctions Implementation has investigated (a) Photovolt Development Partners and (b) Cranssetta Investments Ltd regarding sanctions against the (i) Russian Federation and (ii) named Russian individuals.

Answered by Lucy Rigby

OFSI does not generally comment on specific cases or confirm if particular companies are or have been subject to investigation beyond the publishing of public enforcement actions such as a monetary penalty.

OFSI is committed to ensuring that sanctions are robustly enforced and potential breaches are investigated and appropriate action taken.

If somebody has evidence or information of activity that contravenes UK financial sanctions, this should be reported to OFSI immediately using the reporting form available on GOV.UK.

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