INSUBCONTINENT EXCLUSIVE:
Russian authorities have moved to seize the Russia-based assets of a major vodka producer whose Ukrainian founder was previously accused of
the work of four distillers belonging to Global Spirits Holding, a multinational company founded by Ukrainian businessman Yevhen Cherniak,
and Brand Group Corporation Limited
So, too, were four unidentified defendants mentioned in the case.The Kommersant business daily, citing anonymous sources, reported that the
Russian authorities want to transfer the shares and stakes of the distillers to the state, as well as to ban their owners from working in
transferred more than 1 billion rubles ($11 million) to the Ukrainian military
Kyiv, meanwhile, has accused Cherniak of paying $157 million to the Russian state in taxes, allegations which the businessman
heard behind closed doors.Global Spirits previously said it revoked its product and distribution licenses in Russia after the full-scale
invasion in 2022 and has filed a lawsuit in Cyprus over the misuse of its intellectual property.Since the start of the war, authorities in
manufacturer recently coming under state control.
