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Reuters
Reuters
Politics
By Max Hunder

Ukraine says it seized assets of billionaire accused of aiding Russia

Ukraine's security service said on Thursday it had seized more than 3.5 billion hryvnia ($96 million) worth of assets belonging to exiled billionaire Vadym Novynskyi, but a representative for Novynskyi said he was no longer their owner.

The Security Service of Ukraine (SBU) has accused Novynskyi of "aiding" Russia, which invaded Ukraine last year. The representative, who did not want to be named, on Friday said the billionaire denies the charge.

Novynskyi, whose wealth is estimated by Forbes at $1.4 billion, is one of the country's richest men, an ex-lawmaker and a sponsor of the Ukrainian Orthodox Church (UOC). His representative said he was currently in Switzerland.

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