Fridman's Access to EU Assets Remains Limited Despite Sanctions Removal, Bloomberg Reports
The businessman's main EU holdings include a 37.9% stake in investment firm LetterOne, according to Bloomberg.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Russian businessman Mikhail Fridman's access to his assets in the European Union remains limited even after sanctions against him were lifted, Bloomberg reported, according to TASS.
Fridman's main assets in the EU include a 37.9% stake in LetterOne, a Luxembourg-headquartered multinational investment firm, the report said.
The cited report did not specify the exact mechanisms currently restricting Fridman's access to the assets despite the removal of sanctions.
Fridman was among the Russian businessmen previously sanctioned by the EU following Russia's invasion of Ukraine.
Sources
- Fridman’s access to assets in EU remains limited despite removal of sanctions - Bloomberg — TASS (Russia)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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