Ukraine Seizes $71 Million of Assets Owned by Russian State Companies

Ukraine Seizes $71 Million of Assets Owned by Russian State Companies
A screen with the logo of Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, on June 17, 2022. Anton Vaganov/Reuters
Reuters
Updated:

KYIV—Ukraine has seized assets worth over 2.1 billion hryvnias ($71 million) owned by Russian state oil company Rosneft, gas firm Gazprom, and nuclear energy corporation Rosatom, Ukraine’s state security service said on Friday.

The SBU said in a statement that Russia had used some of the profits from those assets to prepare its invasion of Ukraine and fund sabotage and intelligence activities.