Bloomberg: billionaire Kuzmichev partially won a court case in France due to the arrest of yachts

The Court of Appeal in Paris declared illegal the raid of customs officers on one of the yachts of the former shareholder of Alfa-Bank Alexei Kuzmichev, reports Bloomberg. We are talking about the yacht La Petite Ourse, detained in March in the coastal French commune of Antipe.

According to the lawsuit against the second yacht – La Petite Ourse II, which was also detained in Cannes in March, the court did not make a decision. The court considered that the application should have been submitted to another instance. This case will be considered by the Court of Appeal of Rouen. Terms of consideration are not named.

Yacht prices evaluated $20 million and $50 million, respectively. In March, Alexei Kuzmichev came under EU sanctions, after which he left the beneficiaries of Alfa-Bank. As part of the sanctions, the billionaire was banned from entering Europe, and foreign assets were frozen. In June, Mr. Kuzmichev disputed publication of data about his real estate, but lost the court.

Laura Keffer