Liquidator fees for Irish-based Russian firm GTLK rise to over €41m

GTLK Europe owned about 70 jets and 19 sea vessels when it entered liquidation in 2023

About 80pc of GTLK’s portfolio was leased to Aeroflot. Photograph: Andrey Rudakov/Bloomberg

The liquidators of two Ireland-based aircraft and shipping companies owned by the Russian government have continued to reap massive fees for their work, with their bill for the past two years having soared to €41.5m, according to fresh company filings.

The joint liquidators of GTLK Europe and GTLK Europe Capital are Damien Murran and Julian Moroney, of Teneo’s Dublin office.

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