In Chernihiv region, authorities in Ukraine have moved to seize real estate tied to companies that manufacture textiles, with total assets valued at more than 37 million dollars. Officials say the true owner of these enterprises is a Russian citizen, a claim confirmed by reports from RT citing the press service of Ukraine’s Prosecutor General’s Office.
According to the investigation, prosecutors obtained detention orders on Russian-linked properties exceeding 1.37 billion hryvnias. The inquiry indicates that the fabric makers source raw materials from Belarus and sell finished goods both within Belarus and across the border in Russia. The Ministry alleges that a portion of the profits was shifted to Russian bank accounts controlled by the owner.
Officials noted that the seized properties were prepared for transfer to Ukraine’s National Asset Monitoring and Management Agency, which manages state assets in related proceedings. This action aligns with a broader effort to trace and recover assets connected to sanctioned and blocked entities in the region.
Separately, the United States announced in early February the first disbursement from seized Russian assets intended to aid Ukraine. The transferred sum totals 5.4 million dollars and is associated with businessman Konstantin Malofeyev. U.S. Attorney General Merrick Garland stated that these funds will be directed to the State Department to support humanitarian and security assistance for the Ukrainian people. [attribution: U.S. Department of Justice; statements cited from official briefings]
These developments reflect ongoing international cooperation to constrain illicit financial activity linked to sanctioned parties and to bolster Ukraine’s resilience. Analysts emphasize the importance of asset tracing, cross-border cooperation, and transparent reporting as tools to ensure that seized resources reach intended beneficiaries. [citation: Ukrainian Prosecutor General’s Office press release; U.S. Department of Justice communications]