Russian businessmen Roman Rotenberg (first vice-president of the Russian Hockey Federation) and Gennady Timchenko (Sibur) will be able to sell part of their assets in Finland after the 12th sanctions package comes into force.
Publika.az reports that we are talking about the closed “Helsinki Hall” ice palace. “Helsingin Sanomat” newspaper reported on this.
The new restrictions also mean that the Finnish authorities will be able to confiscate the arena of Russian billionaires. According to the publication, in case of confiscation of the sports equipment, the owners will be paid a fair amount, the money will go to the frozen deposit account.
The indoor stadium was previously used to host both hockey games and concerts. However, it has been inactive since the spring of 2022, and there is a lack of space for events in the country. As a result of Western sanctions, the shares of Arena Events Oy, owned by the Russian businessmen who own the stadium, have been frozen. In order to sell the asset, the owners must obtain permission for the operation. But even if the arena is sold, as mentioned earlier, the income will remain frozen.
Billionaire Gennady Timchenko was sanctioned by Great Britain and the European Union in February 2022. The businessman has been under US sanctions since 2014. Roman Rotenberg was listed as a Specially Designated Nationals (SDN) in the United States in 2015. In 2022, Canada imposed sanctions against him.
Awe
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