June 25, 2022
Microsoft must give Amsterdam trade bank trustees access to mail systems
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Microsoft must give Amsterdam trade bank trustees access to mail systems

Microsoft must give Amsterdam trade bank trustees access to mail systems

Microsoft must give Amsterdam trade bank trustees access, Microsoft must give the trustees of the bankrupt Amsterdam Trade Bank (ATB) access to e-mail systems and other data. That is what the court in Amsterdam decided on Wednesday.

If Microsoft does not do that, there is a threat of a fine of millions.

For every day that Microsoft does not give access, the fine increases by 10 million euros. The maximum of the fine is 100 million euros, says curator Job van Hooff.

Microsoft shut down the computer systems purchased by ATB because of the American sanctions against the Russians Petr Aven and Mikhail Fridman. They are the founders of Alfa Bank, the parent company of ATB.

Fridman had a stake between 25 and 50 percent in the bank until the bankruptcy, was in a register of the Chamber of Commerce.

The trustees now have no insight into important matters such as e-mails and internal documents that were stored in the cloud.

A Microsoft spokesman said it was “looking at possible solutions that would allow the company to comply with international sanctions.” According to Van Hooff, ATB also used cloud services from Amazon. That company did give the trustees access.

Microsoft must give Amsterdam trade bank trustees acces to mail systems

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