Skip to content
Edit post

Properties belonging to sanctioned Russian oligarch seized by Finnish authorities

by Nate Ostiller November 7, 2023 3:06 PM 2 min read
An aerial view of a border crossing river named Vuoksi at the Finnish-Russian border in Imatra, Finland, on April 14, 2023. (Jakob Johannsen/Anadolu Agency via Getty Images)
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

Finnish authorities have seized two holiday properties valued at over 2.5 million euros belonging to sanctioned Russian oligarch Boris Alyoshin, Finnish public broadcaster Yle reported on Nov. 7.

The properties, located in the Finnish municipality of Kirkkonummi, were first purchased in 2018 and then expanded two years later. In the original permit request to construct the seaside properties, Alyoshin said he wanted to have a place to go fishing in the summer.

Although Finnish authorities did not directly identify that Alyoshin was the owner of the seized properties, an investigation determined that the details released by the authorities could only match with the Russian businessman, Yle said.

Alyoshin is listed on Ukraine's National Agency on Corruption Prevention (NACP) website tracking individuals and companies sanctioned for their role in Russia's war on Ukraine.

According to the NACP, Alyoshin is a member of the board of directors of the public joint-stock company, United Aircraft Corporation, which manufactures military equipment used by Russia's forces in Ukraine.

In addition to providing Ukraine with a significant amount of aid and joining NATO, Finland has also introduced restrictions on Russian citizens within the country.

Finland's Defense Ministry has blocked certain property acquisitions by Russian nationals on security grounds, banned entry to Russian-registered cars, and floated the possibility that wider limitations on the purchase of real estate by Russian nationals would be introduced.

A year into full-scale invasion, West struggles to seize Russian assets for Ukraine
Hundreds of potential international investors met with top Ukrainian and Western officials in London in late June to discuss how to rebuild the country, ravaged by Russia’s war. Those attending the Ukraine Recovery Conference (URC) were unanimous — Russia should foot the bill. Said bill is devast…

News Feed

11:14 PM

Romania denies downing Russian drones over Ukraine.

Videos on social media that purport to show Romanian air defense units shooting down Russian attack drones above Ukraine are spreading a false narrative, Romania's Defense Ministry said in a statement on July 26.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
3:38 PM

Russian ex-deputy defense minister arrested on corruption charges.

In his previous position, former Russian Deputy Defense Minister Dmitry Bulgakov was in charge of the military's logistics chains during the full-scale invasion of Ukraine. His dismissal was widely seen as a response to the logistic failures that accompanied the early months of Russia's all-out war.
11:31 AM

Сeasefire would leave 25% of Ukraine under Russian control, ambassador says.

"Many countries have proposed the idea of a ceasefire, but no one thinks about what it means. Some 25% of Ukrainian territory would remain under Russian control, which means buying time for Russia to strengthen its capabilities and resume its attacks on Ukraine," Ambassador of Ukraine to Turkey Vasyl Bodnar said.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.