US EditionRussia Seizes and Nationalizes Largest Gold Mining Company From Billionaire Estimated to Be Worth $1.9B
CHELYABINSK REGION, RUSSIA, JUL 11 – The Chelyabinsk court ruled to nationalize Yuzhuralzoloto amid allegations that lawmaker Strukov abused his position, part of Russia's $50 billion private asset seizures since 2022.
13 Articles
13 Articles
The court in Chelyabinsk satisfied the lawsuit of the Prosecutor General's Office of the Russian Federation and collected from the state the shares of one of the largest Russian gold mining companies “Yuzhuralzoloto”, which belong to its president, deputy chairman of the Chelyabinsk Legislative Assembly Konstantin Strukova.
The Chelyabinsk Soviet District Court, at the request of the Attorney General's Office, nationalized shares in 11 companies associated with a deputy-di...
Russia has nationalized $50 billion worth of private assets since the start of its invasion of Ukraine, according to a new report by Moscow law firm Nektorov, Saveliev and Partners (NSP). This amount is roughly equivalent to the country's annual budget deficit or a third of the aggressor's annual military spending.
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