The Security Service of Ukraine (SBU) has seized new assets of oligarch Vadym Novynskyy worth over UAH 10.5 billion.
The list of blocked assets includes 230 properties owned by Novynskyy through an offshore trust fund.
The seized property includes an upscale hotel complex in the centre of Kyiv, the Ochakiv seaport, agricultural holding facilities and shopping centres in different regions of Ukraine.
"It has been established that to avoid NSDC sanctions, Novynskyy re-registered his assets to several controlled foreign nationals in offshore jurisdictions. He engaged affiliated private notaries and state registrars to carry out the transaction. However, the Ukrainian security service exposed the criminal scheme and blocked it," the SBU said.
Earlier in April, Novynskyy's property worth more than UAH 3.5 billion was seized.
An investigation is underway to establish all the circumstances of the crime and bring the perpetrators to justice within the framework of criminal proceedings initiated by the SBU investigators under Article 111-2 (aiding the aggressor state).
Novynskyy, along with nine other people associated with the Ukrainian Orthodox Church (Moscow Patriarchate), was included in the sanctions list compiled by the National Security and Defence Council as part of the initiated ban on religious organisations associated with Russia. This decision was made after the discovery of a large number of anti-Ukrainian propaganda materials distributed among the clergy and faithful of the UOC (MP). The former MP said he would appeal the decision in court.
Novynskyy was a member under the pro-Russian Opposition Platform-For Life faction in the parliament of the current convocation. In the summer of 2022, he gave up his mandate of his own free will.
In January, Novynskyy was added to the Register of Traitors.