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Russian-installed Crimea authorities to sell 100 Ukrainian properties; one belongs to Zelensky

Crimea, internationally recognised as part of Ukraine, has been controlled by Moscow since 2014.

Published on: Sep 16, 2023, 12:24:47 IST
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Russian-installed authorities in Crimea said on Saturday they planned to sell about 100 Ukrainian properties, including one belonging to Ukrainian President Volodymyr Zelenskiy.

A woman walks near the statue of Russian Emperor Alexander III at the Livadia Palace in Yalta, Crimea. (REUTERS)
A woman walks near the statue of Russian Emperor Alexander III at the Livadia Palace in Yalta, Crimea. (REUTERS)

Vladimir Konstantinov, speaker of the Crimean parliament, said the nationalised properties would be sold "soon" and the authorities had held the first eight auctions for the properties of Ukrainian business figures.

The sale contracts amounted to more than 815 million roubles ($8.51 million), Konstantinov said in a statement on the Telegram messaging app.

Also Read: Ukraine military believes this will be Vladimir Putin's next big move

Russian-installed authorities in Crimea said in February that they had nationalised around 500 properties in Crimea including some belonging to senior Ukrainian politicians and business figures.

Crimea, internationally recognised as part of Ukraine, has been controlled by Moscow since 2014, when Russia annexed the Black Sea peninsula, eight years before its full-scale invasion of Ukraine.

  • Nisha Anand
    ABOUT THE AUTHOR
    Nisha Anand

    Trainee Content Producer at HT Digital. I read about feminism, late modern history, and globalisation of Korean music.

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