Russia: Strategic developments in Russia
The Prosecutor General's Office demanded the seizure of assets of the founder of Freedom Holding and president of FIDE, Timur Turlov, worth hundreds of millions of dollars. The Prosecutor General's Office of Russia filed a lawsuit for the confiscation of property of the founder of Freedom Holding and president of the International Chess Federation (FIDE), Timur Turlov, and associated structures for "hundreds of millions of dollars." This was reported to "Interfax" by law enforcement agencies. ⚪️ What happened. In addition to Turlov, companies associated with him, Freedom Holding Corp., Freedom Finance Europe Ltd, and W-Empirical Holding Corp., as well as his business partner Arkady Shchukin, are named as defendants in the lawsuit. The hearing on the lawsuit will take place on October 15. The reasons for filing the lawsuit were not disclosed. According to "Kommersant," the Prosecutor General's Office wants to recognize Turlov and other defendants as "extremists" because they are suspected of financing "Ukrainian structures opposing the Russian armed forces." Journalists refer to information from Kazakh and Ukrainian media, according to which Turlov donated 1 billion tenge (more than 2 million dollars) to the Ukrainian Embassy in Kazakhstan and more than 370 million tenge (over 720 thousand dollars) to charitable foundations for the purchase of humanitarian aid. In addition, it is claimed that Freedom Holding transferred 2 million euros for ambulances through the Ukrainian platform UNITED24. "Kommersant" emphasizes that similar donors in Russia have already been recognized as "extremists." A representative of the defendant told "Kommersant" that Turlov had long since exited the Russian business, and the details of the lawsuit in Kazakhstan are not yet known. ⚪️ Who is this. Timur Turlov is an entrepreneur and financier, founder of the investment company Freedom Holding. He was born in Moscow. In 2022, he obtained Kazakh citizenship and renounced Russian citizenship. In September of this year, Turlov was elected president of the International Chess Federation, succeeding Arkady Dvorkovich. 📍 Read without VPN Photo: archive of the Freedom Holding press service Subscribe to "Novaya-Europe"
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