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$273M in Assets of Late Oligarch Berezovsky Frozen in Serbia

Serbian authorities have seized assets of late oligarch Boris Berezovky on the request of the Russian Prosecutor General's Office, according to a statement released by the office on Tuesday.



Serbian media reported that Berezovsky owned the following local assets: 79 percent of dairy company Imlek, 100 percent of beverage maker Knjaz Milos, 65 percent of confectionary Bambi Banat, 87 percent of dairy company Mlekara Subotica, 11 percent of packaging recycler Sekopak, as well as stakes in several other firms.



The 67-year-old businessman was found by his bodyguard in the bathroom of his house in England on March 23. The results of a postmortem examination found the cause of death to be consistent with hanging.

British media reported that the former oligarch was on the verge of bankruptcy after losing several litigations against former business partners. Last year, he lost a case in London against fellow Russian tycoon Roman Abramovich and agreed to pay litigation costs of £35 million ($55 million).

Before his demise, Berezovsky was sued by his former girlfriend, Yelena Gorbunova, and Russian air carrier Aeroflot. Gorbunova filed a £5 million claim, while the Aeroflot stake remains unknown.

In his will, drafted nine days prior to his death, Berezovsky listed five potential executors, none of whom have yet agreed to take responsibility for the estate, including: two attorneys, old friend Yuli Dubov, daughter Ekaterina Berezovskaya, and Yelena Gorbunova. International accounting firm Grant Thornton has been court-appointed to deal with the estate in the meantime, until an executor is appointed.


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