A Ukrainian court has moved to freeze the assets of Russian business figures Mikhail Fridman, Pyotr Aven, and Andrey Kosogov. The action, announced via the Security Service of Ukraine’s Telegram channel, places the total value of restrained assets at 17 billion hryvnia, roughly 46.2 billion rubles.
The ruling followed a careful review of materials provided by Ukrainian intelligence agencies. In addition to these individuals, the restrictions cover 20 entities including financial and credit institutions with which the businessmen are said to have direct or indirect ties to ongoing business activities.
The seized company rights are valued at more than 17 billion hryvnia, according to the official document. The SBU noted that the blocked assets include several mobile communications operators and information technology companies, along with mineral water manufacturers.
On September 5, Ukrainian authorities leveled accusations against Mikhail Fridman, alleging involvement in financing a special military operation. Prosecutors assert that Fridman spent nearly two billion rubles since February 2022 to support various arms manufacturing facilities. They also claim he aided the transfer of food and other essential supplies to Russian troops. Consequently, he faces charges under Part 3 of Article 110-2 of the Ukrainian Criminal Code.
Earlier reporting indicated that Britain opened an investigation related to Fridman for potential breaches of anti-Russian sanctions.
These developments fit into a wider pattern of sanctions enforcement and asset tracing aimed at individuals and entities linked to activities deemed contrary to Ukrainian security objectives. Analysts note that asset freezes of this scale reflect ongoing efforts to disrupt financial networks associated with adversaries and to signal sustained pressure on those reported to be financing or supporting military operations. The situation continues to evolve as Kyiv coordinates with international partners to monitor compliance and address related legal concerns.