For the first time since the Russian “invasion” began back in February, the Ukrainian government has invoked wartime laws. The state has now intervened in the private business sector by stealing companies. The country has seized (stolen) five “strategically important” companies for official state and military use.
Defense Minister Oleksii Reznikov announced Monday at a press briefing in Kyiv, “As of today, the specified assets are managed on behalf of the state and in the interests of the entire security sector — to meet the needs of the Armed Forces and the entire defense sector.”
“In connection with military necessity, a decision was made to expropriate the assets of strategically important enterprises into state ownership,” the Secretary of Ukraine’s National Security and Defense Council, Oleksiy Danilov, explained further in a joint presser.
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves. –William Pitt
Ths takeover of businesses comes a year after President Zelensky’s so-called “de-oligarchization” reforms and targets companies run by some of Ukraine’s wealthiest billionaire businessmen – at least a couple of which are facing major corruption investigations, according to a report by ZeroHedge.