According to a court order and according to the secret service in Kiev, Ukraine will receive assets of the Russian oligarch and major shareholder of Strabag Oleg Deripaska worth 250 million euros. The country wants to use the money to compensate for war damage.
Ukraine’s Supreme Anti-Corruption Court has upheld a decision by the Ministry of Justice in Kiev according to which Deripaska’s businesses, land and shares will be transferred to the state, the secret service said Thursday evening.
Oligarch is one of the richest Russians
Deripaska, who is close to Kremlin head Vladimir Putin and is also subject to sanctions in the West as a supporter of the war of aggression against Ukraine, is one of the richest Russians. The multi-billionaire, who became wealthy in the aluminum trade, among other things, has managed businesses through a network of companies and corporate structures in different regions of Ukraine. He tried to hide his property.
According to the Secret Service, it was discovered that Deripaska owned or part-owned several companies. More than 300 objects were also seized, including real estate that would now be transferred to state property. The total value of the assets transferred to the state is ten billion hryvnia (about 250 million euros), the secret service said. Deripaska has been criticized for directly monetizing the war in Ukraine through his resource deals and proximity to the Kremlin.
Major shareholder of Russian automaker
While Deripaska has vehemently denied any proximity to Putin, his personal data seems explosive, especially in times of war. For example, he is a major shareholder of the Russian car manufacturer GAZ, which produces the wheeled infantry fighting vehicle “BTR-80” and other standard vehicles for the Russian infantry. According to insiders, GAZ is the backbone for the maintenance of Russian army vehicles.
Haselsteiner terminated syndicate agreement
Strabag co-owner Hans Peter Haselsteiner reacted immediately after the outbreak of war and terminated the syndicate agreement with Rasperia Trading, which is attributable to Deripaska. The two commissioners sent by the Russians were dismissed.
Strabag withdrew completely from Russia, but only achieved 0.3 percent of its group turnover of 15.3 billion euros there in 2021. Deripaska was already under US sanctions from 2017 to 2019 and Strabag froze its dividends at the time. However, these were lifted in 2020.
Source: Krone

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