Ukraine Freezes $464 Million In Assets Of 3 Russian Oligarchs

A Ukrainian court has frozen the Ukrainian assets of three Russian businessmen over their alleged support for Russia's war in Ukraine, prosecutors and the security service said, Pavel Polityuk reported for Reuters.

The SBU Alpha Group. I Photo: Administration of the President of Ukraine of Ukraine

The Ukrainian Security Service (SBU) announced that assets owned by Mikhail Fridman, Pyotr Aven, and Andrey Kosogov had been frozen.

They were considered part of President Vladimir Putin's close circle and contributed to the "large-scale financing of the Russian Federation's armed aggression," according to the SBU.

The three businessmen did not immediately comment on the moves and comments by the SBU and prosecutors.

"At the request of prosecutors, assets of 20 Ukrainian companies totaling over 17 billion hryvnias ($464.48 million) were frozen," the Prosecutor General's Office said on the Telegram messaging app.

It stated that the frozen assets included securities and corporate rights of mobile phone operators, a mineral water producer, financial and insurance companies.

"The beneficial owners of the companies are three Russian oligarchs who own one of the largest Russian financial and investment consortia," it added.

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