Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply

Essar Energy, owner of Stanlow refinery, shifted loans from Russian bank VTB to an offshore subsidiary in Mauritius to avoid sanctions, prompting MPs to call for an investigation. The move occurred amid the 2022 Russian invasion of Ukraine, with dockers in Ellesmere Port, UK, refusing to unload Russian oil for the refinery.