Ukraine May Expand Intervention After Seizure of Oligarch Assets
- Zelenskiy casts asset holdings as ‘military-state management’
- Authorities secure control over five strategic companies
Oleksii Reznikov, left, Denys Shmyhal, center, and Oleksiy Danilov during a news conference in Kyiv on Nov. 7.
Photographer: Sergei Supinsky/AFP/Getty Images
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Ukraine’s leader said he may expand an intervention into the economy after authorities used special wartime powers to seize control of five companies, all of which have ties to some of the country’s most powerful oligarchs.
President Volodymyr Zelenskiy cast the acquisition of holdings in the strategically important companies this week as necessary to bolster the nation’s defense against the Russian invasion, part of an effort in “military-state management.”