Pay up! German court seizes Russian property in lieu of debt

RT 2008-03-21

Views 3

The Supreme Land Court of Cologne has ordered the auction of the premises of the former Soviet Trade office there to cover a debt claimed by a German businessman. Franz Sedelmaier says Russia owes him five million euros in compensation for losses he suffered when investing in St. Petersburg in the early 1990s.

Share This Video


Download

  
Report form