HACC confiscated assets of Moscow Exchange MICEX-RTS

On April 19, the High Anti-Corruption Court for the first time confiscated the assets of an legal person (rather than individual). The HACC forfeited shares of PJSC Moscow Exchange MICEX-RTS to the benefit of Ukraine.

'By the court's decision, 2978 shares owned by the Public Joint Stock Company Moscow Exchange MICEX-RTS were collected to the benefit of the State', the statement said.

According to Transparency International Ukraine, this is the first precedent for confiscation of assets of a legal person, rather than individual.

'The court confiscated 2978 shares owned by Moscow Exchange in the Ukrainian PJSC "Settlement Center for Servicing Contracts in Financial Markets" (1.44%)', the report says.

Moscow Exchange is one of the largest stock exchanges in Eastern Europe.

Source: Suspilne News