In August of this year, Russian businessman Oleg Boyko filed claims against the Ministry of Foreign Affairs in the Federal Court of Canada.
Canada has decided to lift sanctions against Russian oligarch and investment founder who holds Finstar Financial Group, Oleg Boyko. This was reported on the country’s government website.
The reasons for this decision were not made public.
Finstar Financial Group holding indicated that in August 2023, Boyko filed claims in the Federal Court of Canada against the Ministry of Foreign Affairs.
“After the court overruled the administrative proceedings, the head of the Canadian Ministry of Foreign Affairs reviewed the appeal and decided to grant it. He duly notified the applicant by letter dated November 10,” said the website of the holding company.
In addition to Canada, Ukraine and Australia introduced anti-oligarch restrictions. The NAPC website states that Boyko conducts commercial activities in sectors of the economy that provide a significant source of income for the Russian government.
Forbes estimates Boyko’s wealth at $1.1 billion. The oligarch ranks 100th in the list of the richest Russian businessmen.
Let’s recall that earlier the UK removed the personal sanctions imposed against the Russian businessman and founder of Tinkoff Bank, Oleg Tinkov.
Russian billionaires Pyotr Aven and Mikhail Fridman called their billion-dollar investments in European countries a mistake.
Source: korrespondent
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