The National Agency on Corruption Prevention (NACP) reinstated the status of five Greek shipping companies on the list of "International sponsors of war", as these companies did not fulfill the conditions agreed during the negotiations regarding their exclusion from the list.
Recently, the Ukrainian and Greek sides started negotiations, where the companies were asked to fulfill the following conditions:
- stop the practice of turning off transponders (devices for tracking ship navigation);
- stop the practice of transshipment of cargo from board to board;
- publicly condemn Russian aggression.
The problem of turning off transponders and transshipment from ship to ship was solved in the 11th package of EU sanctions. However, these five Greek transport companies did not fulfill the requirement of public condemnation of Russian aggression within the specified period. Therefore, the NACP restored their status in the list of "International War Sponsors".
In the summer of 2022, the NACP granted the status of "war sponsors" to five Greek companies - Dynacom Tankers Management (DTM); Delta Tankers LTD; Thenamaris Ships Management Inc.; Minerva Marine; TMC Tankers LTD. The companies transported Russian oil and oil products, thereby replenishing the budget of the aggressor country and financing the Russian invasion.
The NACP is the body responsible for the compliance system in the private sector. During compliance procedures, counterparties are subject to integrity checks, including socially responsible business conduct in accordance with OECD standards. The list of "International War Sponsors" on the "War and Sanctions" portal is a powerful reputational tool for achieving the integrity of supply chains in the international dimension, the exit of international business from Russia, thus reducing the financial and technological ability of the terrorist country to kill Ukrainians. One of the "pressure levers" of the platform is cooperation with the World-Check database, which is used by banks and insurance companies for risk assessment. That is why, for global companies, the consequences of being on the list become worse than continuing to do business with an aggressor country.
Recently, the Irish marine fuel supply company Peninsula Petroleum Limited was excluded from the list of international sponsors of the war because it fulfilled all the necessary conditions by choosing the path of socially responsible business.
The Agency is open to cooperation with international business and is ready to consult on the steps necessary for delisting.
