Russia’s RT Blocked By British Government From Recovering $3.6M From Defunct UK Operations
deadline.comEXCLUSIVE: Russian state broadcaster RT has been blocked from recovering £2.9M ($3.6M) from its now-defunct UK operations after it was sanctioned by the British government.
ANO TV-Novosti, the RT entity that held the UK broadcasting license, has been told that it has a worthy claim to the cash, but liquidators have been unable to hand it over because of sanctions relating to Vladimir Putin’s invasion of Ukraine.
Russia Today TV UK Limited was put into voluntary liquidation last year and Begbies Traynor was appointed to wind the company up, according to UK Companies House documents.
Begbies Traynor said ANO TV-Novosti’s claim for £2.9M had “merit” but the liquidator is not “permitted to release any funds.” Legal firm Grosvenor Law has been providing advice on the matter.
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