Russia’s Malik Zia rains penalties

The battle intensified in the form of sanctions by Western countries against Russia. Yesterday the UK government imposed another set of sanctions on 370 new entities and individuals of Russian origin. After this new round of sanctions, the number of sanctions imposed by CEO Boris Johnson has already exceeded a thousand. Mikhail Friedman Among the new Russian oligarchs whom London decided to tighten the siegeone of the founders of Alfa Bank, which prides itself on being the largest private bank in Russia, and also the owner in Spain of a chain Day supermarkets Through the LetterOne investment fund (which represents 77% of the company in his hand).

Friedman, however, resigned from Letterman’s board shortly after the invasion of Ukraine. The ultimate goal is to circumvent the blocking of its origins in the West.

At the end of February, the European Union also imposed sanctions on Friedman. According to Brussels, Friedman “established strong ties with Vladimir Putin’s administration and was one of the reference financiers in Putin’s narrow circle.”

According to the magazine, Friedman, who took control of Zia in 2019, his fortune is estimated at $12 billion. Forbes. Born in western Ukraine in 1964, Friedman was one of the first Russian sages to speak out critically of the war waged by the Kremlin in his home country.

Dia Supermarkets confirms that no Russian oligarch is controlling his company

I was born in western Ukraine and lived there until I was seventeen. My parents are Ukrainian citizens and live in Lviv, my favorite city. “But I have also spent most of my life as a Russian citizen, building and growing businesses. I am deeply attached to the Ukrainian and Russian peoples and see the current conflict as a tragedy for both.” “While the solution seems very far away, I can only join those whose fervent desire is to end the bloodshed, and I am sure my partners share my opinion.”Friedman confirmed in a letter.

After Downing Street yesterday included Friedman on its sanctions list and the European Union also imposed new sanctions on two of his associates (Germany Khan and Alexei Kuzmichev), Supermarket chain Dia quickly informed the CNMV that neither the Russian oligarch nor his co-leaders of LetterOne, the owner of the food group, controlled 77% of its capital.

On February 28, Zia had already issued a similar statement and confirmed that Miguel Friedman, who is sanctioned by the European Union, did not control the company in any way.

at last statement Zia sent it to CNMV The supermarket chain maintains that neither Friedman nor his partner Peter Aven (also listed on the Brussels sanctions) nor former LetterOne directors German Khan and Alexey Kuzmichev have control (individually or collectively) over the investment holding company.

the day that 6000 stores owned or operated through licenses in Spain, Portugal, Brazil and Argentinaended its fiscal year 2021 with a loss of 257.3 million euros.