“Putin’s wallet” Friedman to be finally included in the Ukrainian sanctions lists

Friedman is not the first “Putin’s wallet” to be included in the Ukrainian sanctions lists. But in six months, the sanctions have miraculously spared him. For now.

The Anti-Corruption Action Center and I have already proved the Russian oligarch’s legal ties to Ukrainian companies. That’s why, after the publication of the investigation by Schemes: Corruption in Detail – RFERL journalists, which clearly documented the cooperation of Friedman’s companies with the Russian military, we decided to help the Ministry of Justice file a lawsuit to confiscate his Ukrainian assets. 

The saddest thing about this story is that while the “good Russians” were suggesting that EU and UK officials lift sanctions against Friedman, Russian companies associated with him were paying more than a billion rubles to the Russian budget every year, which is what is funding the war in Ukraine.

It’s no longer a secret that Friedman’s companies provide services to the Russian military, cooperate with the Rosgvardia, the Russian military trade and the Russian president’s security. We hope that nothing more is needed to trigger the sanctions mechanism. There is plenty of evidence: we will leave a link in the comments to our story about Friedman’s Ukrainian assets and the investigation by Skhemy. 

If everything goes well and the Ministry of Justice files a lawsuit, Friedman’s and his controlled entities’ stakes in at least 18 companies that he influences through various offshore companies may be subject to confiscation. Here are the largest of them: 

– JSC Sense Bank with an authorized capital of UAH 28.7 billion

– Kyivstar PrJSC with an authorized capital of UAH 654.7 million

– Ukrsotsbud LLC with a registered capital of UAH 150 million

– Kyivstar.Tech LLC with an authorized capital of UAH 111 million

– PrJSC IC “Alfa Insurance” with authorized capital of UAH 109 million 

– PrJSC “Myrhorod Mineral Water Plant” with an authorized capital of UAH 21.4 million

– Paritet-Finance LLC with an authorized capital of UAH 14 million

By the way, we filed a similar appeal in December regarding the Ukrainian assets of Russian oligarch Deripaska. And the HACCU confiscated them earlier this year. So we have a good example and believe that in the case of Friedman and co.

Ukraine Front Lines

Tags: Putin russia ukraine war