Ukraine reluctant to nationalize Russian assets

Tomas Fiala, CEO and owner of Dragon Capital
Tomas Fiala, CEO and owner of Dragon Capital

“Russian assets are nationalized slowly,” said Fiala.

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“I don’t see the political will to quickly take away the Russian assets that are in the country. And this helps Russian owners to re-register them to other owners.”

According to Fiala, these assets should either be placed under management for the benefit of the state, or nationalized and sold off.

“Next week there will be ARMA’s contest for Morshynska (owned by Russian oligarch Mikhail Fridman, shares frozen),” Fiala provided an example.

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“It is strange that this asset has been in ARMA for many months, and now on Feb. 10, a contest for a directing manager is announced, stating that in 12 days one must apply.”

Fiala added that "ARMA isn’t too open to providing more information (on the matter)."

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“This also raises suspicion that there is already someone with whom they agreed on the transfer (of the company assets),” the businessman concluded.

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Read the original article on The New Voice of Ukraine