About past, present and future of Ukraine

Search mobile

Main Business Ukraine will sell the yacht seized from Medvedchuk

Business

Ukraine will sell the yacht seized from Medvedchuk

437
Ukraine will sell the yacht seized from Medvedchuk

Share this article

The Cabinet of Ministers of Ukraine has approved the sale of the 92-meter yacht Royal Romance, which belongs to the family of former Member of Parliament Viktor Medvedchuk and is located in Croatia.

This was reported by the Agency for Search and Asset Management (ASAM).

Earlier, by rulings of investigative judges of the Lviv Lychakivsky District Court, an arrest was imposed on the property of the non-resident legal entity LANELIA HOLDINGS LTD, namely: the ship (yacht) Royal Romance, and transferred to the management of ASAM for realization.

On February 16, the Cabinet of Ministers of Ukraine approved the sale of the 92-meter yacht by ASAM.

"ASAM is convinced that the proceeds from the sale of the yacht will significantly strengthen the state budget and the defense capability of our country, while state traitors will be held accountable legally and economically," the agency said.

Recall that in December 2023, information emerged that the yacht, which was seized at the beginning of the year in Croatia and belonged to the suspected state traitor MP Viktor Medvedchuk, would be sold at auction. The proceeds will go to benefit Ukraine.

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 ...