The Czech Financial Analysis Department has blocked the accounts of Russian billionaire Vladimir Yevtushenkov’s companies. It is also reported that his hotel Savoy Westend, located in Karlovy Vary, has been seized.
According to Czech television, in this way the authorities imposed sanctions against the businessman.
The cost of Vladimir Yevtushenkov’s hotel is estimated at 100 million crowns (about 4.6 million US dollars). Now the hotel operates in a limited mode: it accommodates customers who have paid for rooms before June 29.
The Czech Republic also added Vladimir Yevtushenkov and his son Felix to the sanctions list.