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 Russians banned from privatization in Ukraine by Rada

The Verkhovna Rada has banned Russian citizens and legal entities from participating in privatization of state assets in Ukraine.

The bill No. 2319a-д was supported by 257 deputies, Censor.NET reports citing 112 Ukraine.

The document suggests that privatization should be prohibited for buyers and beneficiaries acting as legal entities registered in the countries which the Verkhovna Rada has recognized aggressor states or against which Ukraine has imposed sanctions. Legal entities whose shares are owned in any quantity by a resident of an aggressor state are also banned from privatization.

All potential buyers, in addition to liability for accuracy and completeness of data submitted in order to take part in privatization, are obliged to prove their right to purchase state property.

Read more: "Deal of occupied territories is not done for Ukraine until they are liberated from aggressor," - Turchynov
 
 
 
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