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Property of tycoon Kolomoiskyi will be prepared for sale by year end — Crimea's head

The decision to nationalize the property of Ihor Kolomoiskyi, one of Ukraine’s richest men, was approved by the State Council of Crimea on September 3

The stock-taking of the Foros resort complex with 65 hectares of land, including the Foros Park, has been held. This property has been allocated to the republic’s property management directorate. The facility’s approximate cost is $40 million (1.6 billion rubles), Gordetsky said.

The decision to nationalize the property of Kolomoiskyi, one of Ukraine’s richest men, with a fortune of $2.1 billion, according to Forbes magazine, was approved by the State Council of Crimea on September 3. Crimean lawmakers suspect that Kolomoiskyi had initiated and financed military operations in south-eastern Ukraine, where over 3,000 people have been killed since April, according to the UN human rights office. The property of Kolomoiskyi in coastal areas in Crimea includes 111 items, including several recreation centers, over 20 fuelling stations, dozens of markets and non-residential buildings.