Anti-corruption Action Center (AntAC) and Automaidan NGO sent an appeal to the Ministry of Justice of Ukraine regarding the confiscation of assets of companies linked to Russian oligarch Oleg Deripaska.
Deripaska has shares in multiple companies in Ukraine, including Mykolayiv Alumina Plant & Guardon Ukraine, the capital of which accounted in millions of dollars. AntAC and Automaidan collected and shared with the Ministry of Justice data on property owned by these enterprises, as well as their relation to Deripaska. Most of them are linked with the oligarch through offshore companies and third parties.
The assets shall be confiscated according to the mechanism developed by AntAC and its partners. Following this mechanism, the National Security and Defense Council imposes sanctions on certain individuals or companies in the form of asset freezes and the Ministry of Justice shall send the appeal to the High Anti-Corruption Court (HACC) to collect such assets from state revenue. The HACC must consider the claim and make a decision on asset seizure within 10 days.
Earlier the mentioned mechanism of confiscation allowed HACC to issue decisions on asset confiscation from ex-president Viktor Yanukovych and other Putin’s oligarch Vladimir Yevtushenkov. The HACC is also considering the case of oligarch Mikhail Shevtsov.