Russian billions expect to sell a bank and an insurance company will help them challenge the EU penalties.
Russian oligarchs Mikhail Friedman was given and Peter Aven sold their shares to the largest private bank of the Russian Federation and his insurance company, trying to cancel the EU sanctions against them. This has been reported by the Financial Times.
According to documents received by the publication, Friedman and Aven were moved Alfa-Bank And Alfa-insurance To his longtime partner Andrei Kosogov.
The agreement ended in 2023, these companies approximately 240 billion rubles ($ 2.5 billion). The oligarchs owned 45% of the bank’s sharing and 42% of the insurance company.
Kosogov, not under penalties, came out of the shadow and became the largest shareholder Alfa Bank And the letterone holds, after he bought the particles of his simulated partner.
Oligarchs expect the sale of a bank and an insurance company will help them appeal to the EU penalties introduced in response to a full -scale Russian invasion of Ukraine.
Note that in 2024 the EU court slightly removed the grounds for sanctions, recognizing that Brussels did not provide enough evidence by Friedman and Aven to actions aimed at overthrowing Ukraine.
However, the penalties remain strength in another reason – the EU considers the oligarchs “leading entrepreneurs involved in the economic sector, which is a significant source of income for the Kremlin.”
The Canadian government has raised sanctions from Friedman’s ex -wife Olga Aiziman.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.