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Assets of Russian businessman Mikhail Fridman reported frozen by Ukraine

by asma
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Assets of companies of Russian businessman Mikhail Fridman were frozen by court, the office of the Ukraine’s prosecutor-general told Ukrainian News agency.

Assets of Cyprus-based companies totalling over €14 million were frozen upon the application of the office of prosecutor. Funds were at accounts of the bank “among the top ten largest financial institutions and included into systemic banks of Ukraine,” the news agency said.

According to Strana news outlet, Fridman’s assets were at accounts in Ukraine’s Alfa-Bank. He co-founded Alfa-Group, a multinational Russian conglomerate, and according to Forbes, was the seventh richest Russian as of 2017.

In early 2022 Fridman stepped down from the international investment company LetterOne‘s board – he had co-founded the company in 2013 – and will no longer have any dealings with the group, reportedly so that it could avoid sanctions


Image: Par LetterOne Group — Mikhail Fridman, CC BY 2.0, https://commons.wikimedia.org/…


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