Ukraine's Security Service seizes assets of subsidiary of Belarusian Oil Company

Ukraine's Security Service seizes assets of subsidiary of Belarusian Oil Company

The corporate rights and the bank accounts of a Belarusian fuel company worth a total of 20 million hryvni ($677,000) have been frozen in Ukraine, the Security Service of Ukraine (SBU) said on Wednesday.

"The company had Belarusian state-run enterprises among its founders, purchased raw materials in the Russian Federation and paid taxes to the budgets of both countries," the SBU said, adding that considering this information, the chain was directly involved in financing the Russian military operation in Ukraine.

The seized assets have been transferred to the National Agency for Detection, Investigation and Management of Assets Obtained from Corruption and Other Crimes.

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