Ukraine seizes Russian company's assets worth $1mln

Ukraine seizes Russian company
# 19 November 2022 22:53 (UTC +04:00)

Ukrainian law enforcement officers in Kyiv have seized the assets of a Russian fuel and lubricant company worth 40 million hryvnias ($1 million) and transferred them to the Ukrainian army, the Ukrainian Ministry of Internal Affairs said on Saturday, APA reports citing UrduPoint News.

"Law enforcement officers have stripped the assets of a Russian company worth 40 million hryvnias. The company has been selling fuels and lubricants. The seized fuel was transferred to the Ukrainian armed forces," the ministry said on Telegram.

The investigation has established that the entity was registered in Russia, the statement read.

It added that the prosecutor general's office was conducting a pre-trial probe.

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THE OPERATION IS BEING PERFORMED