Ukraine has assets of Putin's oligarchs worth billions of dollars. To take them away, a decision of the National Security and Defense Council is required, which will put these oligarchs on the sanctions list, after which the Ministry of Justice will be able to file a lawsuit with the High Anti-Corruption Court to confiscate property.

But in practice, the mechanism for confiscating the property of Russians for the needs of the Ukrainian army does not work, writes Vitaly Shabunin, head of the Anti-Corruption Action Center..

“Yesterday (President of Ukraine Volodymyr) Zelensky said that the National Security and Defense Council imposed sanctions on 606 Russians. So among them - not a single Putin oligarch with assets in Ukraine. No one! "

Oleg Deripaska could have been confiscated Europe's largest non-ferrous metallurgy plant - Nikolaevsky Alumina. Mikhail Fridman has Alfa-Bank, Arkady Rotenberg has one of the largest shopping and entertainment centers in Ukraine, Kyiv Ocean Plaza.

“But for some reason, neither Deripaska, nor Fridman, nor Rotenberg is included in the decision of the National Security and Defense Council. And this means that nothing threatens their assets.. During the seven months of the war, the National Security and Defense Council was unable to include these (and a bunch of other) Putin's oligarchs in the sanctions list,” adds Shabunin.

Volodymyr Zelensky is the head of the National Security and Defense Council, and the president's office coordinates draft decisions of the Security Council, reminds Shabunin.

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The ability to confiscate the assets of persons under sanctions appeared after the update in May of this year of the Ukrainian legislation on sanctions. Why the “trap” for Russian oligarchs who are used to making money in Ukraine does not work, Yulia Samaeva explains in the article “Why sanctions against the Russian Federation in Ukraine turn into a corrupt business and who is not ashamed of it”.