Russia on Friday, Feb.3, said it will nationalise "foreign" assets in annexed Crimea -- including those with Ukraine-linked ownership -- and funnel some of the funds to support people fighting in Ukraine.
"Deputies of the State Council of the Republic of Crimea adopted a resolution on the nationalisation of property of foreign citizens and states that commit hostile actions against Russia," their chairman Vladimir Konstantinov said on social media.
- View the freshest war in ukraine update in the Kyiv Post’s daily news pieces that came out today.
- See the most contemporary Ukraine news reports for today.
JOIN US ON TELEGRAM
Follow our coverage of the war on the @Kyivpost_official.
The regional parliament, created by Moscow after the annexation of Crimea from Ukraine in 2014, said the bill targeted the property of Ukrainian individuals and businesses and was approved unanimously.
Konstantinov said the list of assets "includes about 500 facilities related to various enterprises and banks, tourism and sports infrastructure".
Russian news agencies said the list includes assets of Ukraine's richest man Rinat Akhmetov, oligarch Igor Kolomoisky, a dozen Ukrainian banks, factories, and the Dynamo Kyiv football club.
"Part of their profits will go towards supporting the participants of the special military operation," Konstantinov told the RIA Novosti news agency, using the Kremlin's term for the Ukraine offensive.
You can also highlight the text and press Ctrl + Enter
