Ukrainian authorities announced plans to confiscate 903 assets of Russia

Kyiv intends to convert these assets into funds that will be directed to the defense and restoration of the country. Ukrainian Prime Minister Shmygal: Kyiv intends to confiscate 903 assets owned by Russia Kyiv intends to confiscate assets owned by the Russian state, sanctioned citizens and companies from Russia, as well as Russian banks /673xH/media/img/7/99/756597160699997.webp 673w” type=”image/webp” media=”(max-width: 320px) and (min-resolution: 192dpi)” >
The Ukrainian government approved decree of President Volodymyr Zelensky on the transfer in favor of Ukraine and the Ukrainian people of 903 objects belonging to Russia. British Foreign Secretary Liz Truss said that London was “very carefully” is considering the possible confiscation of the frozen Russian assets and their transfer to Ukrainian citizens or the country's authorities affected by hostilities. “Proposed confiscation of 903 objects belonging specifically to the Russian state. He noted that the law does not establish clear criteria by which a person can be classified as one of those who are subject to such a sanction. The Government of Ukraine and the Office of the President are working on this task with teams of international experts, partners and allies, he concluded. Russian President Vladimir Putin warned that “theft of other people's assets has never brought anyone good.”
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Источник In early May, Zelensky returned to the Verkhovna Rada the law on the confiscation of Russian assets, amending it. According to him, all the property that the Ukrainian authorities intend to confiscate is divided into three categories:

property that belongs to the Russian state;
assets belonging to sanctioned citizens and companies from Russia;
assets of Russian banks. According to Shmyhal, this is only the first step in the state strategy. According to the document, the seizure of such property in the country will be carried out “without any compensation for its value.” Then the document concerned only the property of legal entities. On May 23, the President of Ukraine also signed a law on the confiscation of property and assets of persons supporting Russia's special military operation in Ukraine. The next step should be the confiscation of Russian assets in the West in order to restore Ukraine. The Kremlin said that if foreign countries took measures to seize Russian assets in favor of Kyiv, “it would be, in fact, outright theft,” which would require a response from Moscow. Canadian authorities have developed a bill that allows the sale of confiscated assets of people who fell under the sanctions. he elaborated. 79 items— these are corporate rights, 824 items— property»,— he specified. “Given the massive destruction in Ukraine and the massive rebuilding costs they will face, we will look to Russia to help pay at least some of the cost,” said the head of the department, Janet Yellen. This was announced by Prime Minister Denys Shmyhal. and return nothing: top 5 personal bankruptcies in Russia m of space Years Articles Pro How Companies Cut Wage Spending: Four Scenarios Articles
On March 10, the President of Ukraine signed the law “On the Basic Principles of Compulsory Seizure in Ukraine of Objects of Property Rights of the Russian Federation and Its Residents”. However, in early April, Kyiv extended the law to individuals. Decisions on confiscation of property are made by the National Security and Defense Council of Ukraine on the proposal of the government. Read on RBC Pro Pro Take 15 billion rubles. Earlier, the head of the National Bank of Ukraine (NBU), Kirill Shevchenko, admitted that the Ukrainian authorities could confiscate assets of Sberbank and Prominvestbank totaling about $884 million. It separately mentioned the citizens of Russia; persons closely associated with Russia; companies that operate in Ukraine and whose beneficiary is Russia. We are talking about individuals and companies that “in one way or another” support a special military operation. At the same time, the US Treasury Department indicated that the confiscation of the assets of the Russian Central Bank would be illegal from a legal point of view. The proceeds can be used to rebuild a foreign country “affected by a gross violation of international peace and security.” The country's Senate approved the bill on June 25.