The assets of Russian Tatneft have been seized in Ukraine. The value of corporate rights and movable property is UAH 400 million.

This was reported by the State Bureau of Investigation.

"As part of the criminal proceedings, the investigating judge's rulings were obtained to seize movable and immovable property, accounts and corporate rights of the group of companies. They were founded by the Russian oil company Tatneft, which supplies oil products for the needs of the Russian Ministry of Defence," the statement said.

According to the SBI, 115 properties have been seized: oil depots, petrol stations, non-residential buildings, land plots, as well as 118 petrol trucks and cars.

The value of the corporate rights of the companies and movable property is around UAH 400 million.

Read all about the confiscation of Russian assets and the Ukrainian model in our research.