Businessman Alexander Galitsky Left Russia After His Property Was Confiscated

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The Moscow City Court left unchanged the ruling of the lower court, which declared investor Alexander Galitsky and his fund an “extremist association” and seized the entrepreneur’s assets @meduza\news Open the site | mirror | telegram ↓

Businessman Alexander Galitsky left Russia after his property was confiscated

A representative of the prosecutor’s office reported this at the Moscow City Court when the court was considering the businessman’s appeal against the ruling to seize his property worth eight billion rubles.

According to the prosecutor, the businessman used a Netherlands passport to leave Russia for Belarus.

In March, Moscow’s Tverskoy Court transferred Galitsky’s property to state ownership and also declared the businessman and his venture fund Almaz Capital Partners an “extremist association.”

@meduzalive