Swiss Court Refuses Oligarch's Frozen Fund Complaint
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Суд Швейцарии оставил активы Калантырского замороженными
Read more: Суд Швейцарии оставил активы Калантырского замороже
Kalantyrsky is accused of helping Russian president Vladimir Putin's friend Arkady Rotenberg transfer funds. Rotenberg is on the Ukraine sanctions list, which is why a criminal investigation against Kalantyrsky is underway in the Czech Republic.
+ The impact of Russia sanctions on Swiss banks
The Swiss bank that held his financial assets reported suspicious transactions to the State Secretariat for Economic Affairs (SECO) in October 2022, which led to the freezing of all accounts.
In numerous letters to SECO, Kalantyrsky demanded access to his funds and those of his company. He claimed he had to change his lifestyle because of the blockade.
The ruling by the Federal Administrative Court was published on Tuesday.
More More Meet the oligarchs: Switzerland's awkward guestsThis content was published on Mar 25, 2022 The Swiss authorities and media are busy hunting down links between Switzerland and sanctioned Russian oligarchs.
Read more: Meet the oligarchs: Switzerland's awkward g
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