Exclusive: Alberta government seizes Calgary condos for Russian company sanctioned over Ukraine war | Globalnews.ca

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Exclusive: Alberta government seizes Calgary condos for Russian company sanctioned over Ukraine war | Globalnews.ca
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Exclusive: Alberta government seizes Calgary condos for Russian company sanctioned over Ukraine war

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Russian President Vladimir Putin, left, with Alexey Miller, a Gazprombank board member, Nov. 16, 2015. .

Russian kleptocrats and pro-Putin oligarchs have parked billions in Canada, Kolga said, and the government needed to expand its sanctions and enforcement regimes to intensify pressure on Putin.Global News Two years ago, the London Court of International Arbitration ordered him to pay $59.5 million to Angophora Holdings Ltd. due to alleged “corporate wrongdoing,” according to court documents.

The Canadian sanctions, imposed on the grounds Gazprombank was facilitating the war against Ukraine, make it illegal to “deal in any property” owned or controlled by the company.

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