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M. Laurinavičius: Revolut is involved with the Kremlin from beginning to end

A month ago, Lithuania was the first country in Europe to grant a specialised banking license to the company Revolut, which caused member of Seimas Stasys Jakeliūnas suspicions. The MP contacted the Financial Crime Investigation Service (FNTT) and State Security Department (VSD), asking them to check the financial company’s business model and links to Russian politicians, writes. […]

Nikolay Storonsky

Revolut chief: accusations constructed under false statements and unrelated facts

On Wednesday, Revolut founder and head Nikolay Storonsky has released an open letter, where he rejects accusations of the company’s potential links to the Kremlin that have surfaced in the media, writes. […]

Foreign affairs

Lithuania won’t appeal EU commission’s decision in Gazprom probe

Lithuania will not appeal against the European Commission‘s decision regarding its anti-trust investigation against Russia‘s gas giant Gazprom, the Energy Ministry said on Monday. […]

Data centre

Data center developer Arcus Novus poses threat to national security – Lithuanian court

Arcus Novus, the developer of a data center project near Vilnius, and its majority shareholder, Denmark’s SatGate Holding, pose a threat to national security as they are linked to Russia’s Federal Security Service (FSB) through their direct and indirect shareholders, a court has ruled. […]

Arvydas Sekmokas

Lithuanian ex-energmin: Gazprom to keep its dominance if Nord Stream 2 is built

The binding obligations imposed by the European Commission on Gazprom to prevent its dominance in Central and Eastern Europe will prove pointless if a second Nord Stream gas pipeline is built, Arvydas Sekmokas, a former Lithuanian energy minister, said on Thursday. […]