At the time both payments were executed in June and July 2022, Okko was subject to UK sanctions following Russia’s invasion of Ukraine.
(March 30): Apple Inc’s European subsidiary was fined £390,000 by the UK for breaching Russian sanctions.
The Office of Financial Sanctions Implementation found that in 2022 Apple Distribution International Ltd paid £635,618 to Russian streaming platform Okko LLC. Republic of Ireland-based ADI voluntarily disclosed the payments that were made via UK banks to the government agency.
