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Ukraine nationalizes Russian aircraft worth $4 million

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Ukraine's High Anti-Corruption Court ruled to transfer an aircraft worth Hr 150 million (around $4 million) from the sanctioned Russian company Rostec to the state's property, the Security Service of Ukraine (SBU) informed on July 6.

With this decision, the court satisfied the lawsuit of the Justice Ministry, filed based on the information provided by SBU, the Security Service wrote on Telegram.

Before the full-scale invasion, the cargo and passenger plane An-140-100 was handed over to the Ukrainian state enterprise Antonov for technical adjustments, tests, and subsequent return, SBU reported.

According to Ukraine's investigations, the plane belongs to the Russian state-owned defense conglomerate Rostec, which also supplies Russian armed forces with military aircraft. The company is investigated on the charges of financing aggression against Ukraine, the SBU added.

For these activities, Rostec has been sanctioned by Ukraine, the U.K., the EU, the U.S., Canada, Switzerland, Australia, Japan, and New Zealand.

A year into full-scale invasion, West struggles to seize Russian assets for Ukraine
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Martin Fornusek

Senior News Editor

Martin Fornusek is a news editor at the Kyiv Independent. He has previously worked as a news content editor at the media company Newsmatics and is a contributor to Euromaidan Press. He was also volunteering as an editor and translator at the Czech-language version of Ukraïner. Martin studied at Masaryk University in Brno, Czechia, holding a bachelor's degree in security studies and history and a master's degree in conflict and democracy studies.

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