Ukrainian court seizes Russian billionaire's assets worth $420M 

A Ukrainian court has seized assets of Russian billionaire Mikhail Fridman worth 12.4 billion hryvnias ($420 million), Ukrainian Prosecutor General Iryna Venediktova said on Monday, Report informs, referring to Reuters.

She wrote on Facebook that the assets were securities in Cypriot companies that were held in Ukraine. Fridman has been sanctioned by the European Union as part of the EU's response to Russia's invasion of Ukraine.