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Defense Ministry uses martial law to seize oligarchs' assets

Defense Ministry uses martial law to seize oligarchs' assets

by Alexander Query

The Ukrainian government's clampdown on strategic companies owned by oligarchs was swift and unexpected. Invoking special provisions under martial law, the Defense Ministry seized five companies associated with controversial businessmen Ihor Kolomoisky, Kostyantyn Zhevago, Konstantin Grigorishin, and Viacheslav Bohuslaiev. The companies seized include fossil fuel companies Ukrnafta and Ukrtatnafta, truck

US prosecutors move to seize $6 million from Kolomoisky in Texas

US prosecutors move to seize $6 million from Kolomoisky in Texas

by Alexander Query

The U.S. Department of Justice filed a civil forfeiture complaint on Jan. 20, with the intention of seizing $6 million from Ukrainian oligarch Ihor Kolomoisky's businesses, allegedly obtained with money stolen and laundered from PrivatBank. Federal prosecutors say Kolomoisky's businesses received the $6 million as proceeds from the sale

News Feed

5:04 PM

Ukraine denies Russian accusations of ceasefire violation.

"It should be highlighted that the military department of the aggressor country is spreading false and groundless accusations in order to prolong the war, continue false propaganda and typical Russian attempts to deceive the world," Ukraine's General Staff said.
3:48 PM

EBRD approves $290 million loan for Ukraine's gas.

The European Bank for Reconstruction and Development (EBRD) on March 26 approved a loan of 270 million euros ($290 million) for Ukraine's Naftogaz to purchase gas for the next two winters, Prime Minister Denys Shmyhal said.
10:27 AM

Armenia's parliament passes bill on EU accession.

The Armenian parliament passed a bill "On starting the process of accession of the Republic of Armenia to the European Union" in its second and final reading on March 26, the News.am news agency reported.
8:32 AM

Russia may be 'dragging their feet' on Ukraine peace deal, Trump says.

Asked by a reporter whether he believes Russia "wants to see an end" to the full-scale war, U.S. President Donald Trump said, "I don't know. I mean, I'll let you know at a certain point. But I think that Russia wants to see an end to it, but it could be they're dragging their feet."
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