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Crimea and Sevastopol

Crimea plans to sell Ukrainian tycoon Kolomoisky’s property this month

The authorities have earlier launched similar measures to nationalize the Crimean property of other oligarchs - Rinat Akhmetov and Sergey Taruta

Igor Kolomoisky ITAR-TASS/Konstantin Sazonchik

Igor Kolomoisky

© ITAR-TASS/Konstantin Sazonchik

SIMFEROPOL, April 9. /TASS/. Crimea’s authorities said on Thursday the nationalized property of Ukrainian oligarch Igor Kolomoisky on the Black Sea peninsula will be sold in the coming three weeks.

"This month all the procedures will be carried out. A number of facilities already have their customers. That’s why money will come in April-May. We are sure that the sum will be enough to settle accounts with creditors," the republic’s head, Sergey Aksyonov, told reporters.

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Last year Crimea’s parliament, the State Council, nationalized the property of the 52-year-old businessman that includes over 100 items. The procedures to assess them have already been completed.

"The money will reach the treasury of the Republic of Crimea and will be later transferred to the Deposit Insurance Agency," Aksyonov said.

The nationalized property of Kolomoisky in Crimea includes several recreation centers, motor transport and telecommunications enterprises, a bakery, banks and nature parks.

The authorities have earlier launched similar measures to nationalize the Crimean property of other oligarchs - Rinat Akhmetov and Sergey Taruta - who own nature reserves, power networks and state residencies.

The chairman of Crimea’s State Council, Vladimir Konstantinov, said the nationalization of this property is aimed at putting the historical record straight.

Until recently Kolomoisky, one of the richest men in Ukraine, was the governor of the Dnipropetrovsk region. In March, he was dismissed amid a scandal over funding of volunteer armed battalions.

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Crimea and Sevastopol

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