The Cabinet of Ministers of Ukraine today adopted a resolution regulating the sale of confiscated Russian assets and property, the funds from which are one of the sources of filling the Fund for Eliminating the Consequences of Armed Aggression of the Russian Federation. According to Prime Minister Denys Shmygal, the state budget of Ukraine already has UAH 17 billion confiscated from Russian banks..

“We have frozen and confiscated hundreds of objects belonging to the Russian government or Russian oligarchs in Ukraine. Many of these facilities are now actually idle. The government will launch an open and absolutely transparent sale of this property. This means open auctions, where Ukrainian or foreign businesses can acquire confiscated property,” the prime minister said..

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All funds from auctions are planned to be directed to the restoration of Ukraine, the energy system, housing for people, demining and "

Shmyhal added that the auctions will be held on the same principle as small-scale privatization. The State Property Fund will be responsible for them, thus, they plan to "

By the way, almost a million dollars worth of Russian-made iron ore was arrested in Ukraine today..