A Finnish court has ordered the seizure of Russian assets in Finland worth tens of billions of euros after ruling in favour of Ukraine’s state-owned oil and gas company, Naftogaz.
The court’s decision followed a 2023 ruling by the Permanent Arbitration Court based in The Hague which ordered Russia to pay roughly €4.6bn in compensation to the company after seizing its assets illegally during the 2014 occupation of Crimea.
“Since Russia refuses to voluntarily pay Naftogaz the funds stipulated by The Hague ruling, we continue to use all available mechanisms to recover them. Today, we are one step closer to restoring justice. At the same time, we are taking active steps to enforce the arbitration award in other target jurisdictions involving Russian assets,” a statement from Naftogaz Group Board Chairman and CEO Oleksiy Chernyshov said.
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Just remember Russia.
Everyones a gangster until the snow starts speaking Finnish.
IT’S A TRAP! IT’S A TRAP!
There are two Finnish snipers!