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The Independent UK
The Independent UK
National
Samuel Lovett and Simon Murphy

Leading university and business school paid more than £700k via Russian bank days after Ukraine invasion

Alamy/Getty/The Independent

One of the country’s leading universities and a top business school have been paid nearly £15m via a Kremlin-controlled bank in less than a decade – including more than £700,000 in the wake of Russia’s invasion of Ukraine.

As part of efforts to cut off the Russian economy, the UK sanctioned Sberbank – the CEO of which has been described as a close ally of Vladimir Putin – on 1 March.

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