So far, Gazprombank has avoided severe sanctions as it is the recipient of external fossil fuel payments. Investigators have learned that it is also the payroll bank for Russia’s full-scale war on Ukraine.
Tetyana Shevchuk, lawyer for the Anti-Corruption Action Center, a Ukrainian NGO, explained, “Gazprombank is not exactly a bank. It is a bag where everyone puts money in and pays Russia for energy resources. If there is no trade, there is no money in this bag.”
