Anti-Corruption Court seized assets of Russian oligarch Rotenberg

The panel of judges of the High Anti-Corruption Court upheld the administrative claim of the Ministry of Justice of Ukraine against a Russian oligarch and his son, as well as two other Russian citizens, regarding the confiscation of their Ukrainian assets based on paragraph 1-1 of part one of Article 4 of the Law of Ukraine "On Sanctions".

The court ruling confiscated to the state the assets in respect of which the defendants exercised rights identical to the right to dispose of them, namely:

1. a share in the amount of 100% of the authorized capital of Avangard-Vilarti Limited Liability Company (EDRPOU code 33059433), the right to which is registered in the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organizations for Ocean Plaza Project (Cyprus) Limited and Ethoder Investments Limited;

2. a share in the amount of 66.65% of the authorized capital of Limited Liability Company "Investment Union "Lybid" (EDRPOU code 34693827), the right to which is registered in the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organizations for Limited Liability Company "Avangard-Vilarti".

An appeal may be filed with the HACC Appeals Chamber within 5 days from the date of the decision.

The following persons are involved:

Rotenberg A.R. - Russian oligarch, billionaire, owner of hundreds of companies, close associate of Putin V.V.

Rotenberg I.A. - son of Rotenberg A.R., Chairman of the Board of Directors of Gazprom Burenie LLC. Ponomarenko O.A. - Russian entrepreneur, investor, Chairman of the Board of Directors of Sheremetyevo International Airport until 2022.

Oleg Skorobagyatko - Russian billionaire entrepreneur, statesman and politician. Co-owner of the Novorossiysk Commercial Sea Port.

Source: HACC