Russia Confiscates $7.6Bln in Assets in Largest Nationalization Yet - The Moscow Times

Russian authorities have confiscated assets worth 550 billion rubles ($7.59 billion) linked to jailed billionaire Vadim Moshkovich and transferred them to state ownership, the Interior Ministry said Thursday, in what appears to be the largest asset seizure of Russia's recent wave of nation..

https://www.themoscowtimes.com/2026/06/12/russia-confiscates-76bln-in-assets-in-largest-nationalization-yet-a92991

#TopNews #News #Russia #TheMoscowTimes #Moshkovich

#Moshkovich, the founder of one of the country’s largest agricultural holdings #Rusagro, was detained as part of an investigation into fraud and abuse of power, according to the state newswire Tass.

https://www.ft.com/content/68d6f198-77b5-499d-81d9-df41971774e9

#Ukraine #Russia