The bailiff has secured the property of Russian oligarchs for confiscation again this year. The freezes began after the first sanctions listings in 2014.
Finland has frozen the assets of those on the EU’s sanctions list against Russia. Freezings, ie temporary measures of the bailout, have also been carried out in 2022.
An interim measure means that the bailiff, for example, takes possession of the property or prohibits the debtor or a third party from handing it over. An interim measure has the same effect as an attachment, but may be revoked.
“Implementing measures have also been taken this year. In practice, it means finding out if the property will be permanently confiscated, ”says the leading county court of the bailiff. Aki Virtanenwhich leads the National Enforcement Unit for Special Enforcement.
The foreclosure may be revoked if the bailiff does not obtain sufficient evidence that the property is owned or controlled by the sanctioned person.
“The work is in progress and will continue.” Permanent asset freezes have been made before 2022.
Helsinki Messages said last weekthat the wealth of Russian oligarchs in Finland is also being searched for and frozen. The target is those mentioned in the EU’s sanctions list.
The enforcement agency does not want to comment on it. how many freezes have been made or what is the total quantity or quality of the frozen assets.
“Then we go close to individuals. A more detailed opening could also jeopardize the seizures themselves, ”says Virtainen.
Virtanen refuses to disclose any euro amounts. “We are talking about significant assets”.
Virtanen The Special Enforcement Unit, headed by the UN Security Council, is responsible for freezing the assets on the sanctions list.
Information on EU sanctions comes to the Enforcement Agency from the Ministry of Foreign Affairs. The Enforcement Agency will then make a decision to freeze the funds.
Searches include cash, cars and real estate. Banks receive information to find bank accounts, in addition to which the enforcement agency goes through, for example, vehicle and real estate registers.
“The very broad access rights to information based on the bailiff’s law are in use to their full extent,” says Virtanen.
European last week, the union added the first Finnish citizen to the sanctions list, Gennadi Timtšenkonwho is also a citizen of Russia and Armenia.
Tymoshenko is the 76th richest person in the world, according to the news agency Bloomberg in its billionaire index in December. His assets are worth $ 22.2 billion, an increase of about $ 5.6 billion in 2021.
Chief Legal Officer of the Ministry of Foreign Affairs Kaija Suvanto said last week that he believed that Gennady Timtchenko’s holding in Helsinki Hall, the former Hartwall Arena, was also being investigated.
Second The well-known businessman on the EU list in Finland is Arkadi Rotenbergwhich once owned and operated a spa in Långvik, Kirkkonummi.
Read more: Oligarchs’ spa companies disappear – Russia sanctions force Kirkkonummi municipality to investigate Långvik’s holdings
Helsingin Sanomat also reported last week that the former Prime Minister and President of Russia Dmitry Medvedev the combined Fotinia was brought to Kotka at the end of last September. The Enforcement Agency has been in contact with the Kotka Yacht Store, which maintains the vessel, but HS has no information about the seizure of the vessel.
The search for property is therefore not limited to Finnish citizens. In Finland, all property owned by EU sanctioned persons, regardless of citizenship, is searched and frozen.
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