About past, present and future of Ukraine

Search mobile

Main Business In Italy, at Ukraine's request, assets of a Russian businessman have been seized

Business

In Italy, at Ukraine's request, assets of a Russian businessman have been seized

282
In Italy, at Ukraine's request, assets of a Russian businessman have been seized

Share this article

In Florence, Italy, the Tax Police have seized assets of a Russian businessman worth €41 million at the request of Kyiv’s Anti-Corruption Prosecutor's Office.

According to ANSA, the seized assets include real estate and company shares acquired through the reinvestment of illicit profits.

The businessman is under investigation for crimes committed in Ukraine, including corruption of public officials, fraud amounting to €60 million, and money laundering.

It is believed that the businessman purchased a large and luxurious real estate complex in Florence through a trust company based in the city.

Among the seized assets were company shares with a nominal value of €3 million and four properties valued at nearly €38 million, according to law enforcement sources.

 

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...