In a recent public update, Ukrainian President Volodymyr Zelensky disclosed that Ukraine has confiscated assets totaling 28 billion hryvnia, roughly 765 million dollars, with a broader plan to seize more than 900 state-owned assets. The information came through a video message carried on the Telegram channel of the president’s press service. This disclosure highlights Ukraine’s ongoing efforts to enforce sanctions and reclaim assets linked to Russia, as part of a wider strategy in response to the ongoing conflict.
Zelensky described a meeting dedicated to sanctions policy and the seizure of Russian assets, where officials informed him of the confirmed confiscations in Ukraine and the legal and administrative steps behind them. The figure of 28 billion hryvnia represents the current value of seized property, underscoring the scale of the actions undertaken to date. He noted that the process continues, with plans to confiscate additional properties that are predominantly in the hands of the Russian state, and possibly linked to Russian interests.
Expanding the scope, Zelensky stated that if the total property package were evaluated not only as state assets but also including holdings associated with residents, the tally could reach a much larger figure. He mentioned a potential impact across about 36,000 positions that could be withdrawn from circulation, illustrating the breadth of the initiative beyond government property alone. This emphasis reflects Ukraine’s intent to maximize the deterrent and punitive effects of asset seizures tied to Russian state influence.
Earlier in the year, the Ukrainian government approved an order that authorized the confiscation of 903 properties connected to the Russian Federation. The move signals a systematic approach to asset recovery, supported by ongoing policy development and administrative coordination. The authorities have stressed that these actions align with international sanctions regimes and aim to constrain assets that are perceived to sustain Russia’s military and political objectives, while maintaining due process within Ukrainian law. The broader message from Kyiv is that asset recovery is an integral element of national security and economic stabilization amid ongoing regional tensions, with continued updates anticipated as cases proceed through the legal framework.