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A Scottish energy company has become the first to be named by the U.K. customs and excise authority for breaching Russian sanctions rules. Petrofac Facilities Management Limited (PFML) paid a £569,157 ($759,148) compound settlement for breaches that occurred in 2022 and 2023.
Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine... More by Ruth Prickett
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