A Finnish Court Just Seized an Uber Manager’s Assets

Jun 28, 2017

A Helsinki district court on Wednesday ordered the assets of Uber's Finnish country manager be confiscated until police conclude an investigation into whether the U.S. ride-hailing firm operates an illegal taxi service in Finland.

The court turned down a police request to confiscate Uber Finland's assets, but ordered up to 246,000 euros ($279,357) of its country manager Joel Jarvinen's personal assets be frozen.

The court must revoke the order if charges are not filed within fourth months.

"We will continue to cooperate with the authorities to help with the investigation, but consider the district court's decision regrettable and we are going to appeal it," Uber Finland said in a statement.

Related: Uber Is Facing an Investigation in Australia Over Minimum Wage

Uber Technologies, which has faced bans and protests from established taxi operators around the world, is legal in Finland provided its drivers hold valid taxi licenses.

But the length of time it takes to get a permit has led some drivers to work without one, leading to a debate within Finland about whether the system should be reformed.

Related: Uber Wins the Right to Contest English Tests for Drivers in London

The company has been the target of previous police investigations in Finland and drivers have been ordered to give up their earnings to the state for not having valid taxi permits.

According to Uber, more than 100,000 Finns have downloaded its mobile app, and thousands use the service every week.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions