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Czech property tycoon braces for hit from €500mn freezing order

Summary by Financial Times
Real estate developer CPIPG, run by Radovan Vítek, preparing to segregate assets after Cypriot court order

5 Articles

intellinews.comintellinews.com
Center

Czech real estate tycoon ringfences €537mn of assets after Cypriot court ruling

Czech real estate billionaire Radovan Vítek will ringfence more than a half a billion euros in assets after a Cypriot court ruling in ...

·Berlin, Germany
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Financial TimesFinancial Times
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Center

Czech property tycoon braces for hit from €500mn freezing order

Real estate developer CPIPG, run by Radovan Vítek, preparing to segregate assets after Cypriot court order

·London, United Kingdom
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Hospodářské Nnoviny (HN.cz)Hospodářské Nnoviny (HN.cz)

Radovan Vítek's legal battle. CPI Property Group braces for fallout from legal dispute

The company CPI Property Group (CPIPG) of real estate magnate Radovan Vítek is preparing for the consequences of a complex legal dispute involving frozen assets worth 537 million euros (13.6 billion crowns). The dispute concerns Vítek and two people convicted of money laundering, who claim that Vítek privately...

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Sky News: The Latest News from the WorldSky News: The Latest News from the World

Czech property tycoon braces for hit from €500mn freezing order – Sky News: The Latest News from the World

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of Europe’s largest property groups is bracing for the impact of a complex legal dispute between its billionaire owner and two convicted money launderers who say they privately bankrolled him.  Senior executives at CPIPG, […]

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Financial Times broke the news in London, United Kingdom on Monday, November 25, 2024.
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