Contents tagged with London

  • Us court orders return of painting stolen by Nazi from Ukrainian museum

    The United States District Court for the Southern District of New York intends to return to Ukraine the painting, which was stolen during the Second World War by the Nazis from a museum in Kyiv, reads the statement published on the court.

    According to the United States authorities, based on the testament of collector Vasily Savinsky, in 1924, the canvas of the artist Pierre Louis Goudreaux, was transferred to the National Museum in Kyiv, also known as the Bogdan and Varvara Khanenko Museum of …

  • London court seizes Firtash's mansions as part of Russian VTB Bank lawsuit

    The London court ordered to seize two of the businessman Dmytro Firtash mansions, reports the Russian newspaper Kommersant.

    Interim measures on this and other property, estimated at more than £ 50 million, were imposed at the request of the Russian VTB Bank, to which Firtash has not returned 2.5 billion rubles worth of loans.

    The court also ordered the defendant to disclose all of his assets.

    According to sources, representatives of VTB Bank filed the lawsuit in the High Court of England and …

  • Russian oligarchs fleeing to London at record rate

    The UK remains the favorite “end point” for the money of wealthy Russians, who are buying residential and commercial property in the British capital, finanz.ru reports.

    In the third quarter, the demand from ethnic Russians for property in London spiked to a record high due to growing tension between Russia and the West.

    According to Knight Frank, one in every five houses in London costing more than £10 million was purchased by Russian citizens. In 2016, Russians accounted for only 6% of such …