Ukrainian court freezes Russian oligarch Deripaska’s assets worth almost $50 million  

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**Ukrainian Court Freezes Oleg Deripaska’s Assets**

A Ukrainian court has frozen the assets of Russian businessman Oleg Deripaska worth Hr 2.1 billion ($50 million). The move is part of Ukraine’s efforts to counter Russia’s full-scale invasion.

Deripaska was sanctioned by the US in 2018 and the UK in 2022 for his ties to Russian President Vladimir Putin. Ukraine nationalized some of his business assets in February 2023.

The court’s latest decision immobilizes a large consignment of industrial products and raw materials stored at the Mykolaiv Alumina Plant, which Deripaska previously owned. The seized materials include almost 500,000 tons of bauxite and alumina produced before the war.

Deripaska is accused of manufacturing products for Russia’s military-industrial complex, including components for Iskander ballistic missiles. Ukraine has charged him in absentia with financing actions aimed at overthrowing Ukraine’s constitutional order.

**Ukraine Strikes Back**

Ukrainian cyber specialists have launched a cyber attack on Gazprom and Gazpromneft. The move is part of Ukraine’s efforts to disrupt Russia’s economy and military operations.

Additionally, Ukrainian drones struck the Andreapol oil pumping station, shutting down the main pipeline that feeds Ust-Luga. A Russian drone attack in Pokrovsk injured a British volunteer.

**Investments and Aid**

Huless, a Ukrainian company developing tethered drone systems, has secured over $1 million in private financing. Ukraine’s largest private delivery company, Nova Poshta, has invested Hr 1.8 billion ($43 million) to expand its network.

Ukraine’s Foreign Ministry has accused a Slovak citizen of threatening the country’s national security. The Ukrainian government expressed “deep disappointment” over Slovak Prime Minister Robert Fico’s statements calling President Volodymyr Zelensky “the enemy” of Slovakia.

Read More @ kyivindependent.com

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