Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Ukrainian man arrested in Italy over Nord Stream pipeline attacks
    Headlines

    Ukrainian man arrested in Italy over Nord Stream pipeline attacks

    Ukrainian man arrested in Italy over Nord Stream pipeline attacks

    Published by Global Banking and Finance Review

    Posted on August 21, 2025

    Featured image for article about Headlines

    By Thomas Escritt, Matthias Williams and Giulio Piovaccari

    BERLIN/MILAN (Reuters) -A Ukrainian man was arrested at a holiday bungalow in Italy on suspicion of coordinating attacks on three Nord Stream gas pipelines in 2022, officials said on Thursday, a breakthrough in an episode that sharpened tensions between Russia and the West.

    Described by both Moscow and the West as an act of sabotage, the explosions largely severed Russian gas supplies to Europe, prompting a major escalation in the Ukraine conflict and squeezing energy supplies on the continent. No one has taken responsibility for the blasts and Ukraine has denied any role.

    The arrest comes just as Kyiv is engaged in fraught diplomatic discussions with the United States over how to end the war in Ukraine without giving away major concessions and swathes of its own territory to Russia.

    "Politically we are firmly on Ukraine's side and will continue to be so," said Justice Minister Stefanie Hubig when asked if the arrest would affect Berlin's ties to Kyiv. "What is important for me is that Germany is a country of law, and crimes in our jurisdiction are fully investigated."

    The suspect, identified only as Serhii K. under German privacy laws, was part of a group of people who planted devices on the pipelines near the Danish island of Bornholm in the Baltic Sea, a statement from the prosecutor's office said.

    He and his accomplices had set off from Rostock on Germany's northeastern coast in a sailing yacht to carry out the attack, it said. The vessel had been rented from a German company with the help of forged identity documents via middlemen, it added.

    Authorities acted on a European arrest warrant for the suspect, who faces charges of collusion to cause an explosion, anti-constitutional sabotage and destruction of important structures.

    An official in the Ukrainian president's office said he could not comment as it was not clear who had been arrested. The official reiterated Ukraine's denial of any role in the blasts.

    Successive Ukrainian governments have seen the pipelines as a symbol of, and vehicle for, Russia's hold over European energy supplies that Kyiv argued made it hard to act against Moscow ever since Russia's annexation of Crimea in 2014.  

    FORMER UKRAINIAN OFFICER?

    The Wall Street Journal reported that the suspect was a retired captain in Ukraine’s armed forces and previously served in Ukraine’s security service SBU, as well as in an elite unit that defended Kyiv in the early months of Russia's full-scale invasion in 2022.

    The officer purportedly headed a team of two soldiers and four civilian divers covertly recruited by a special Ukrainian military unit to lay explosives that damaged the undersea pipelines, the WSJ said, citing investigators.

    German prosecutors declined to comment on the WSJ report.

    Carabinieri officers arrested the suspect overnight in San Clemente on Italy's Adriatic coast, where he was supposed to spend a few days with his family.

    "Once his presence had been verified, the Carabinieri surrounded the bungalow and launched a raid, during which the man surrendered without resistance," a statement by the Carabinieri said, adding the suspect was 49 years old.

    A police official told Reuters the suspect was arrested because, when providing documents at a hotel check-in, an alert flagging he was wanted popped up at the police headquarters, which dispatched a Carabinieri police patrol.

    In September 2022, one of the two lines of the Nord Stream 2 pipeline was damaged by mysterious blasts, along with both lines of Nord Stream 1 that carried Russian gas to Europe. 

    Moscow, without providing evidence, blamed Western sabotage for the blasts, which cut off most Russian gas supplies to the lucrative European market. The U.S. denied having anything to do with the attacks.

    The Washington Post and Germany's Der Spiegel magazine have previously said the team that carried out the attack was put together by a former Ukrainian intelligence officer, who denied involvement. 

    In January 2023, Germany raided a ship that it said may have been used to transport explosives and told the United Nations it believed trained divers could have attached devices to the pipelines at about 70 to 80 metres deep.

    The boat, leased in Germany via a Poland-registered company, contained traces of octogen, the same explosive that was found at the underwater blast sites, according to the investigations by Germany, Denmark and Sweden.

    Russia's full-scale invasion of Ukraine in February 2022 triggered Europe's deadliest conflict in 80 years, in which analysts say more than 1 million people have been killed or injured.      

    (Reporting by Rachel More, Philippe LeroyBeaulieu, Sarah Marsh, Giulio Piovaccari, Gavin Jones, Thomas Escritt, Tom Balmforth, Stine Jacobsen; writing by Matthias WilliamsEditing by Gareth Jones and Philippa Fletcher)

    Related Posts
    VW management to continue cost cutting
    VW management to continue cost cutting
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    EU countries approve year-long delay to deforestation law
    EU countries approve year-long delay to deforestation law
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italian judge drops Genoa dam case against Webuild CEO
    Italian judge drops Genoa dam case against Webuild CEO
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Searches under way in probe involving French Culture Minister Dati
    Searches under way in probe involving French Culture Minister Dati
    Finland's far-right party reprimands two MPs over racism scandal
    Finland's far-right party reprimands two MPs over racism scandal
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostRussia attacks important Ukrainian gas compressor station, sources say
    Next Headlines PostAustrian postal group joins European peers in halting parcel shipments to US

    More from Headlines

    Explore more articles in the Headlines category

    Britain imposes more sanctions on Russia's energy sector

    Britain imposes more sanctions on Russia's energy sector

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    France drafts in army for cattle vaccination to defuse farmer protests

    France drafts in army for cattle vaccination to defuse farmer protests

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Belgian farmers in anti-trade protest clash with police

    Belgian farmers in anti-trade protest clash with police

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    UK pauses trials of Ajax in new setback for army fighting vehicle

    UK pauses trials of Ajax in new setback for army fighting vehicle

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    View All Headlines Posts