Top WorldIn Finland, the assets of Yandex and the Rotenberg...

In Finland, the assets of Yandex and the Rotenberg brothers were seized – media


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Finnish authorities seized the assets of Russian billionaires Boris and Arkady Rotenberg, who belong to the inner circle of Russian President Vladimir Putin, as well as the assets of the company Yandex, one of the founders of which – Arkady Volozh – has been punished by the European Union. This was reported by the Finnish newspaper Helsingin Sanomat on September 22.

According to the publication, decisions to seize assets of businessmen under EU sanctions were made in August or early September.

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The restrictions affected the shares of Långvik Capital, a company linked to the Rotenbergs, and its shares in two other companies. Thus, the Finnish authorities gained control over the shares of the ice arena Helsinki Halli located in Helsinki and the company Långvik, which manages the hotel complex.

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Regarding the seized accounts of the Finnish division of “Yandex”, it is noted that it manages the Yango taxi service and a data processing center in the city of Myandiala, writes Forbes.

Arkady Volozh was put on the EU sanctions list in early June when Brussels announced the sixth package of organizations against Russia over the war in Ukraine. After that, Volozh left all posts on Yandex. The company itself had no sanctions.

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However, the Finnish authorities in their decision refer to the EU’s arguments that Yandex “is responsible for favoring Russian state media and the state agenda in search results”, as well as removing content critical of the country’s government and aggressive war against Ukraine.

source: radio svoboda

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