Russian assets in Ukraine will be transferred to the state.
Wednesday, May 11, 2022

Russian assets in Ukraine will be transferred to the state.

At today’s meeting, the Cabinet of Ministers approved a document according to which Russian assets in Ukraine will be transferred to the state, stated Prime Minister Denys Shmyhal. According to him, the confiscated assets of the Russian Federation will be transferred to the newly created state enterprise, National Investment Fund. The president of Ukraine, Volodymyr Zelenskyy added that, “Russia must pay for what it has destroyed in Ukraine. We will take away everything that Russia has in our country and direct these funds to strengthen our army, support the people and rebuild our country.”

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