Czech Republic Seizes Assets of Russian Businessman

The Czech Republic has blocked the accounts of Russian billionaire Vladimir Evtushenkov's local companies. This information was reported by Czech television.

It has been disclosed that the assets owned by Evtushenkov have also been seized. Evtushenkov is said to secretly control a company involved in electrical components and owns several hotels in the Czech Republic. His companies in Russia produce and supply weapon systems for the military.

It is noted that the five-star Savoy Westend Hotel in Karlovy Vary, owned by Evtushenkov, has been confiscated.