Moscow Slams Sweden's Auction of Russian Trade Building as Illegitimate

2014/09/15

MOSCOW, September 15 (RIA Novosti) - Moscow views a recent auction of a building of the Russian Trade Mission in Stockholm as an illegitimate move violating the status of diplomatic immunity, the Russian Foreign Ministry said on Monday.


“The Russian side does not recognize neither the legitimacy of actions taken by the Bailiffs Service of Sweden in line with a decision by Sweden’s Supreme Court in 2011…nor the legitimacy of the ruling itself as it refers to a Russian facility that enjoys the status of diplomatic immunity,” the ministry said in a statement.


“Russia reserves the right to take adequate retaliatory measures against the Swedish side,” the statement said.


The Swedish authorities carried out the auction of the building, which hosts offices and living quarters, on September 12 despite numerous protests by Russia.


The auction was part of a decade-long legal battle between Russia and German investor Franz Sedelmayer, who lost $2.3 million in a joint investment project with Russian authorities in St. Petersburg in the early 1990s.


The international commercial arbitration court in Stockholm ruled in favor of Sedelmayer in 1998 in his suit against the Russian government.



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