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Estonian Premier’s Husband To Sell Stake In Russia Exporter

Published by: dailynews
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Estonian Prime Minister Kaja Kallas’s husband said he’ll exit a logistics company that exports to Russia as the premier faces increasing pressure to resign.

Arvo Hallik, who owns a 24% stake in the company, Stark Logistics AS, said he’ll sell the holding and resign as a member of the board of directors and chief financial officer. Stark’s export of goods to a client in Russia came to light this week and forced Kallas, who has called for Russia’s economic isolation, to respond to accusations of hypocrisy.

“I apologize for the situation that has arisen and for the damage it has caused to my wife,” Hallik said in an emailed statement. “I assure everyone that my wife was not aware of my business activities.”

Read the full story on Bloomberg here.