A major North Sea shipping firm has broken ties with its oligarch owner – but questions remain over the true extent of its links to Moscow.
Aberdeen-based OEG Group said it was “no longer related” to billionaire Vagit Alekperov, who is a key ally of the Kremlin, and added that it was “fully compliant” with international sanctions.
But the company is now controlled by former executives at the oligarch’s energy company, Lukoil.