These are Handelsbanken, Nordea, Yrityspankki Oyj, OP Group and Danske Bank. Credit institutions refused to process Rotenberg payments due to the law on money laundering and the risk of falling under US sanctions.
The lawyers of the businessman indicate that Rotenberg is a citizen of Finland, so he can use the services of local banks. A Rotenberg spokesman declined to comment on Bloomberg. According to lawyer Jacob Bernhoft, the court decision will set an important precedent. Other European banks are awaiting the decision of the Finnish court to understand how to work in a similar situation, he said.
This is not the businessman’s first attempt to get banks to make payments. In the fall of 2018, Rotenberg sued Nordea, Danske Bank and Osuuspankki. The lawsuits said that due to a denial of service, the businessman was unable to pay the bills of the Finnish tax service, transport security agency and other departments. However, in February 2019, the Helsinki District Court dismissed the lawsuit. The billionaire made his second attempt in September.
In the fall of 2014, Nordea stopped servicing the accounts of the Finnish company Langvik Capital, which is owned by the Rotenberg family. The refusal was explained by the inclusion of Boris Rotenberg and his brother Arkady in the US sanctions list. Arkady is also on the EU sanctions list.
Rotenbergs are among the richest businessmen in Russia. In the Forbes ranking of billionaires for 2019, Arkady Rotenberg is ranked 41st with a fortune of about $ 2.6 billion, Boris Rotenberg is 92nd with a fortune of $ 1.1 billion. The list of the richest businessmen also has children of Arkady - Igor ($ 850 million ) and Lily ($ 500 million).