Court sizes hidden assets of Oksana Marchenko worth over UAH 442 million

24 March, 01:48 PM
Oksana Marchenko (Photo:Screenshot of the video by Oksana Marchenko/YouTube)

Oksana Marchenko (Photo:Screenshot of the video by Oksana Marchenko/YouTube)

A court has seized hidden assets of Viktor Medvedchuk's wife and former TV host, Oksana Marchenko, worth over UAH 442 million ($12 million), the Prosecutor General's Office of Ukraine reported on Telegram on March 24

Her husband is a pro-Russian politician suspected of treason.

These assets include 6.8% shares in Dneprospetsstal, a Ukrainian manufacturer of special stainless steel located in Zaporizhzhya. They are registered through offshore companies. Marchenko is suspected of funding Russian aggression with the assets.

Video of day

"This strategically important enterprise specializes in the industrial production of nearly 1,000 types of steel and metal products,” Ukraine’s SBU security service said.

“The seizure of the assets will protect them from being re-registered to fictitious persons and will allow them to be used for the benefit of the country," the SBU added.

In general, assets worth over UAH 5.6 billion ($150 million) were seized aspart of the investigation, including corporate rights worth UAH 2.6 billion ($70 million) in 18 companies, and registered shares in three regional power distribution companies worth over UAH 3 billion ($80 million).

The court also imposed a ban on the alienation of land plots, cars, and houses in Kyiv and the Russian-occupied coastal city of Yalta in Ukraine’s Russian-occupied Crimea.

The assets were seized as part of criminal proceedings conducted by the Ivano-Frankivsk SBU regional office over funding of a violent change of power in Ukraine.

On Feb. 7, the SBU served a notice of suspicion to Marchenko of funding Russian Guard and Russian Interior Ministry in the annexed Ukrainian peninsula of Crimea.

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