A Russian aircraft lessor, registered in Ireland and linked to a sanctioned state-owned bank, has finally been wound up after a liquidator was first appointed in 2017. Pan JSC Aircraft Leasing Ltd entered members’ voluntary liquidation in November 2017 but changed liquidators before the drawn-out process was completed in October of this year. The company was set up in Ireland in 2015 and Promsvyazbank, a Russian state-owned bank, financed the company, according to documents filed with the CRO. Promsvyazbank, better known as PSB, was recently embroiled in Gardaí investigations into Russian sanctions evasion. Liquidators from S&W Group were first appointed…

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