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The court has nationalized the assets of Russian oligarch Deripaska worth more than 2 billion hryvnias

Kyiv • UNN

 • 10482 views

The HACC confiscated over 550,000 tons of bauxite and alumina worth UAH 2 billion, which belonged to sanctioned oligarch Deripaska, in favor of Ukraine. The raw materials were used to manufacture weapons.

The court has nationalized the assets of Russian oligarch Deripaska worth more than 2 billion hryvnias

The High Anti-Corruption Court has recovered products and raw materials worth more than UAH 2 billion to the state, which were owned by sanctioned Russian oligarch Oleg Deripaska. This is reported by the SBU press service, reports UNN.

... The High Anti-Corruption Court has granted the Ministry of Justice's claim to recover to Ukraine the products and raw materials owned by sanctioned Russian oligarch Oleg Deripaska. We are talking about more than 550,000 tons of bauxite and alumina, which was produced in Ukraine before the start of the full-scale war. Since then, they have been stored in the warehouses of the Mykolaiv Alumina Plant, which previously belonged to the Russian. The total value of the nationalized assets is more than UAH 2 billion

 - the statement reads.

It is noted that the mentioned products were used at the oligarch's Russian factories for smelting aluminum, from which components for ballistic missiles, combat drones and radar systems are produced.

The SBU reminds that Deripaska is among Putin's inner circle and is one of the main "sponsors" of Russia's war against Ukraine.

According to the case files, the nationalized bauxite and alumina belonged to him through a controlled company registered in one of the European Union countries. This commercial structure acted as a formal customer of the Mykolaiv plant's products for further re-export to Russian enterprises 

- emphasized the SBU.

Recall

In January, the court seized a large batch of industrial products and raw materials owned by sanctioned Russian oligarch Oleg Deripaska.