Zelensky’s Penthouse Seized In Crimea
By RT News
Zelensky’s Penthouse Seized In Crimea.
The Crimean parliament has unanimously voted to nationalize the assets of Ukrainian oligarchs and politicians on the peninsula, RIA Novosti news agency reported on Wednesday, including an apartment belonging to Elena Zelenskaya, the wife of Ukrainian President Vladimir Zelensky.
Zelenskaya’s three-room penthouse on the Black Sea coast near the resort city of Yalta is estimated to be worth $800,000. It was bought from a business tycoon in 2013 for just under $164,000. After Zelensky won the presidential election in April 2019, Reuters reported that the price paid for the property was at least 50% lower than the market rate.
The seizures come in response to a law introduced in Ukraine last year making it legal to confiscate the assets of Russian citizens and businesses without compensation.