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Ukrainian court freezes Russian oligarch Deripaska's assets worth nearly $50 million

  • Ukraine has frozen the assets of Russian businessman Oleg Deripaska worth 2.1 billion hryvnia , according to the Security Service of Ukraine on January 29.
  • The SBU seized almost 500,000 metric tons of bauxite and alumina stored at the Mykolaiv Alumina Plant, which was nationalized by Ukraine after Russia's invasion.
  • Deripaska's ownership of the seized materials was confirmed through a Europe-registered company that is a customer of the Mykolaiv Plant, as stated by the SBU.
  • He has been accused of funding Russia's war and was charged in absentia with financing actions aimed at overthrowing Ukraine's constitutional order, according to the SBU.
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