The Power Within: The Kyiv Independent’s first-ever magazine. Be among the first to get it.

pre-order now
Skip to content
Edit post

Ukraine nationalizes assets of sanctioned Russian oligarch Oleg Deripaska

by The Kyiv Independent news desk February 16, 2023 9:10 PM 1 min read
This audio is created with AI assistance

On Feb. 16, the Security Service of Ukraine (SBU) reported the nationalization of businesses owned by sanctioned Russian oligarch Oleg Deripaska after a lawsuit from the Ministry of Justice.

The properties include the Mykolaiv Alumina Refinery, the Hlukhiv Quartzite Quarry, Khust Quarry, and the Zhezheliv Quarry. The total value of Deripaska's assets seized is around Hr 10 billion ($271 million).

According to the SBU, Deripaska is part of the closest circles of Russia's military and political leadership. The oligarch attempted to hide his ownership of assets in Ukraine through controlled commercial structures in various regions of the country.

The SBU transferred the full profits of the enterprises over to the state under the procedural guidance of the Prosecutor General's Office.

Power Lines Bonus Ep. 10 — Reporting on corruption in Ukraine

News Feed

8:06 AM  (Updated: )

Zelensky arrives in South Africa to meet President Ramaphosa.

"We count on South Africa’s meaningful participation in the International Coalition for the return of thousands of Ukrainian children abducted by Russia. We will also certainly strengthen our cultural and educational ties," President Volodymyr Zelensky said.
5:30 AM

Trump says he may meet Putin 'shortly' after May Middle East visit.

Despite ongoing ceasefire negotiations, Trump and Putin have yet to have direct contact, communicating only through their officials. Trump's last in-person encounter with his Russian counterpart was during the 2018 Helsinki Summit during the U.S. president's first term.
8:08 PM

Ukrainians react to US proposal of recognizing Crimea as Russian.

The U.S. media outlet Axios reported on April 23 that the U.S. President Donald Trump administration's final proposal for ending the Russia-Ukraine war included the U.S. de jure recognizing Russia's annexation of Crimea and de facto recognizing its control of other occupied Ukrainian territories. We asked Kyiv residents for their reactions to the U.S. proposal.
7:21 PM  (Updated: )

Trump says 'nobody is asking' Ukraine to recognize Crimea as Russian.

"Nobody is asking (President Volodymyr) Zelensky to recognize Crimea as Russian Territory, but if he wants Crimea, why didn’t they fight for it eleven years ago when it was handed over to Russia without a shot being fired?" U.S. President Donald Trump wrote.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.