Czechia – investigation launched into Austrian bank for suspected Russian sanctions breaches

The National Anti-Terrorism Centre of Czechia has initiated an investigation into the activities of the Austrian Raiffeisen Bank International due to its subsidiary’s operations in Russia.

An earlier complaint against Raiffeisen Bank had been filed by the Association for Citizens’ and Entrepreneurs’ Rights.

Police have confirmed that the Anti-Terrorism Centre is conducting an investigation regarding the banking group. However, no further details were disclosed.

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