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Russia confiscates over 500 Ukrainian-owned assets in occupied Crimea

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Russian proxies in Crimea have approved the seizure of hundreds of high-value pieces of Ukrainian-owned real estate on the occupied peninsula, according to a Feb. 3 Telegram post by proxy leader Vladimir Konstantinov.

In a so-called "nationalization" move, Russia will seize banks, tourist and sporting infrastructure as well as private property, Konstantinov wrote.

According to Ukrainska Pravda, seized assets include the real estate of five Ukrainian banks, a training ground of football club Dinamo Kyiv, and several resorts belonging to oligarch Rinat Akhmetov, who had strong ties to Russia before the initial occupation of Crimea and parts of Donbas in 2014.

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The Kyiv Independent news desk

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"This agreement will help ensure Ukraine gets the support it needs to defend itself against Russian aggression, while backing British defense companies, supporting skilled jobs and strengthening our national security," said British Prime Minister Keir Starmer on July 13.

The listings include the company VK, which owns the social media website VKontakte, its daughter company Communication Platform LLC, which developed Max, and the latter's head, Elena Bagudina.

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