HS: Seizure of Russian Assets Suspended in Finland
9 Articles
9 Articles
The arrest of Russian assets in favour of Naftogaz in Finland was suspended on the basis of the decision of the Court of Appeal of The Hague, which restricted the power of arbitration over part of the property.
In Finland, the Finnish judicial bailiffs suspended the confiscation of Russian assets, which is reported to the local media.
The Finnish law enforcement authorities suspended the seizure of Russian State assets, reported the newspaper Helsinki Sanomat on Friday. "New exemptions have been suspended pending a judgement by the Helsinki Court of Appeal on appeals or before another ruling", notes the publication.
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The Court of Appeal in Finland decided to suspend the imposition of new restrictive measures against Russian facilities in the country; the executive arrest of Russian property in Finland was suspended by a decision of the Court of Appeal pending a verdict on the complaint, and handed over to RIA News with reference to the newspaper Helsingin Sanomat. The existing restrictive measures will remain in force. In 2024, Finnish bailiffs seized more t…
A large-scale operation by the Finnish authorities began in August 2024. Russian assets of about 44 million euros have been seized.
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