ABH Holdings intends to recover $1 billion from Ukraine for the nationalization of Sense Bank • Russia today Posting in CHAT: Russia In August 2023, the Ukrainian prosecutor's office opened a criminal case against the co-founder of Alfa Group, Mikhail Fridman, on suspicion of withdrawing funds from Sense Bank, which previously operated under the Alfa-Bank Ukraine brand. According to investigators, Fridman “withdrew the bank’s assets under the pretext of paying royalties for the use of trademarks that previously belonged to the parent bank in Russia.” According to the Ministry of Internal Affairs of Ukraine, about 700 million UAH (1.77 billion rubles at the Central Bank exchange rate until August 18) were transferred abroad. Source link Source link