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Prague Court Upholds Freezing of Russian State-Owned Entity’s Czech Bank Account

Published: 30.03.2026

A Prague municipal court rejected a Russian entity’s challenge to the freezing of its Czech bank account after it was placed on the national sanctions list. The court upheld the authorities’ position that the organisation is linked to the Russian state and could generate income for it.

According to the source, Czech authorities and the court upheld sanctions-related freezing of an account belonging to an entity managing Russian state property. The practical consequence is that restrictions on transactions remain in place, including payments for taxes, utilities and salaries, which require separate approval. The case primarily affects Russian state-linked organisations and other persons or companies whose accounts may be subject to similar restrictions. It does not change general rules for an ordinary relocating person, but it demonstrates that Czech sanctions can directly limit banking operations and are being upheld by the courts.