The Ministry of Justice asks HACC to confiscate a stake in Kryukov Carriage Works: Russian businessman is linked to the Russian military-industrial complex
16 December 18:09
The Ministry of Justice of Ukraine has filed a lawsuit with the High Anti-Corruption Court to confiscate the Ukrainian assets of Russian businessman Stanislav Gamzalov. The lawsuit was filed on December 15 as part of the application of the sanction mechanism for the recovery of assets for state revenue.
This is stated in a statement by the Ministry, "Komersant Ukrainian" reports.
It is a 25% stake in Kryukiv Carriage Works, one of the key machine-building enterprises in Ukraine.
Why this particular asset
The Ministry of Justice claims that Gamzalov is the owner of a number of companies in Russia that provide for the logistical needs of Russia in the war against Ukraine. In particular, it concerns the supply of goods to companies involved in the military-industrial complex of Russia.
It is this connection with the supply of the Russian military machine that is the basis for the state to go to court demanding the confiscation of assets on the territory of Ukraine.
Who else owns the plant
According to the YouControl analytical system, the beneficiaries of the Kryukiv Carriage Works include:
- Stanislav Gamzalov (Russian Federation),
- Volodymyr Prykhodko,
- Natalia Prikhodko.
The company specializes in the production of freight and passenger railcars and is strategically important for the Ukrainian economy and transportation industry.
The HACC lawsuit is part of a systemic policy to seize assets of persons associated with the aggressor state
The lawsuit against the HACC is part of Ukraine’s systemic policy of seizing assets of persons associated with the aggressor state. Through the courts, the state is trying not only to limit the economic influence of Russian business, but also to turn these assets into a resource for the country’s recovery.
Earlier, the Ministry of Justice also announced an agreement with an international law firm to protect Ukraine’s interests in cases against Russian businessmen, which indicates that the legal struggle on the sanctions front is intensifying.
The High Anti-Corruption Court is to consider the arguments of the Ministry of Justice and decide on the possibility of recovering 25% of the plant’s shares for the state. If the decision is positive, it could become another precedent in the practice of confiscating assets of persons considered by Ukraine to be involved in supporting Russia’s war.
