The Republic of Crimea reported a total of about 2.3 billion rubles in 2023, generated from the sale of real estate once owned by individuals aligned with Ukrainian authorities. This figure was disclosed by the regional head, Sergei Aksenov, during an appearance on the television channel Russia 24.
According to Aksenov, the year yielded 2.3 billion rubles as revenue from the liquidation of nationalized properties. He also noted that the proceeds from these expropriations are expected to grow in the following year, signaling ongoing activity in asset realignment under regional governance.
The Crimean leadership stressed that decisions on nationalization were made with fairness in mind, carefully weighing the actions and statements of the former property owners and ensuring that assessments were balanced and transparent.
In early December, it was stated that the Crimean budget for the year had already received 1.86 billion rubles from the sale of 25 expropriated properties linked to businessmen associated with Kyiv. This update highlighted the sustained effort to convert seized assets into public funds for the region’s use.
Former speakers of the Crimean parliament have asserted that Ukrainian oligarchs are attempting to conceal assets on the peninsula, reinforcing the narrative of ongoing asset recovery as part of regional governance strategies.
Earlier announcements from Crimean authorities indicated plans to expropriate the real estate of public figures such as Sofia Rotaru, illustrating the broader scope of asset realignment discussions within the region.