Finland seizes Russian state-owned property
Finland's National Enforcement Authority has begun seizing properties in Helsinki that belong to the Russian state. The agency operates under the remit of the Justice Ministry and is responsible for undertaking the state's statutory enforcement duties.
The seizure of the property is related to compensation claims made by the Ukrainian state-owned gas firm Naftogaz. Naftogaz has demanded more than five billion euros in compensation from Russia following the Kremlin's invasion of Crimea in 2014 and the firm's subsequent loss of gas reserves, pipelines, and warehouses in the Crimea region.
Full article by YLE
According to Helsingin Sanomat, 44 properties have been seized, most of them located in Helsinki. The seized properties include the Russian Centre of Science and Culture, an office building, four waterfront properties, and several limited liability housing shares.
According to Iltalehti, in Finland, Naftogaz are represented HPP Attorneys, pro bono.
"This is something that we feel is important and we want to play our part in helping Ukraine. We felt that this is a meaningful way for us to help."
Images via Iltalehti
