Zelensky signs law on confiscation of Russian property in Ukraine

Zelensky signs law on confiscation of Russian property in Ukraine

President Volodymyr Zelensky signed the Law of Ukraine "On the Basic Principles of Forcible Seizure of Objects of Property Rights of the Russian Federation and its Residents in Ukraine".

This is stated on the website of the Verkhovna Rada of Ukraine.

The law defines the legal basis for the forcible seizure of property rights (including in cases where military necessity requires so) of the Russian Federation as a state that has started a full-scale war against Ukraine and its residents.

Pursuant to the law, the forcible seizure of property rights of Russia and its residents in Ukraine is carried out without any compensation (reimbursement) of their value, given the full-scale aggressive war waged by the Russian Federation against Ukraine and the Ukrainian people.

As reported, on March 3, the Verkhovna Rada passed a law providing for the nationalization of Russian property in Ukraine.

On February 24, president Putin announced the beginning of the Russian invasion of Ukraine. Russian troops are shelling and destroying key infrastructure, massively hitting residential areas of Ukrainian towns and villages using artillery, multiple-launch rocket system, and ballistic missiles.

Martial law was imposed in Ukraine and general mobilization was announced.


While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

© 2015-2024 Ukrinform. All rights reserved.

Extended searchHide extended search
By period: