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Almost UAH 80 million donated by Boguslaev to restore Ukraine

Aug 8, 2024

Ukraine has decided to send almost UAH 80 million that was on the accounts of Motor Sich's former owner Vyacheslav Boguslaev to the Fund for the Elimination of the Consequences of Armed Aggression.

This was reported by RBC-Ukraine with reference to the head of the State Property Fund of Ukraine Vitaliy Koval on Telegram.

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"The State Property Fund transferred UAH 79.5 million to the Fund for Elimination of the Consequences of Armed Aggression," Koval said.

He noted that these funds were previously on accounts with FUIB bank and are part of Boguslaev's assets. The court decided to transfer them to the State Property Fund.

According to Koval, the work with the nationalized assets of Boguslaev and the CEO of the Russian company Borysfen, Petro Kononenko, continues. This includes inventorying the property, re-registering it, and analyzing the existing seizures.

The Head of the State Property Fund said that as of now, the Fund holds 1175 assets of 53 sanctioned groups and individuals.

Author - Dmitriy Levchenko, 08/08/2024

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