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Reuters
Reuters
Politics

Ukraine says it's seized $280 million of exiled billionaire's assets

Ukraine's domestic security service said on Thursday it had seized assets worth more than more than $280 million belonging to an exiled billionaire it accuses of aiding Russia.

It is the second time this year that the Security Service of Ukraine (SBU) has announced the seizure of property belonging to billionaire Vadym Novynskyi. It said in April that it had seized assets of his worth around $96 million.

Representatives for Novynskyi did not immediately respond to a request for comment. In the previous property seizure last month they said the seized assets no longer belonged to Novynskyi, and described him as a Ukrainian patriot.

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