Germany investigates £1bn Tui share transfer by sanctioned Russian oligarch

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Germany investigates £1bn Tui share transfer by sanctioned Russian oligarch
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Alexei Mordashov sold most of 34% stake in world’s biggest tourism operator to entity controlled by his wife

German authorities have voiced their fears that the sanctions against him imposed by the EU and the freezing of his TUI fortune are in danger of amounting to nothing as it may be impossible to legally challenge the transfer.

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