Russian-Maltese oligarch can’t evict squatters from Amsterdam property – The Shift News
A Dutch court has ruled that squatters can effectively continue to stay at the multi-million-euro property owned by a member of Malta’s rouges gallery of passport buyers, Yandex founder and owner Arkady Volozh, because the Maltese citizen is under EU sanctions over of his ties to Vladimir Putin and his assistance in the invasion of Ukraine.
Volozh, a Maltese citizen since 2016, had taken court action after squatters occupied the building in October to have them evicted, arguing that the premises are being renovated, a valid reason to leave a building empty under Dutch property laws. The conversion project into luxury apartments began in 2020.
In its ruling, the court cited the EU freezing order and noted that the ongoing renovation work could lead to an increase in Volozh’s assets, and that if he planned to rent the apartments, that, too, would be banned under EU law.
The court also threw out Volozh’s claim that he planned to move to Amsterdam with his family, observing that he…
The post Russian-Maltese oligarch can’t evict squatters from Amsterdam property – The Shift News first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2022/11/17/russian-maltese-oligarch-cant-evict-squatters-from-amsterdam-property-the-shift-news_2022111735973.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.