People's Republic of Donetsk to take assets from Ukrainian tycoons

MOSCOW, Feb 10 (PRIME) -- People's Republic of Donetsk has elaborated a mechanism to nationalize assets of Ukrainian businessmen, interim head of the republic Denis Pushilin said on Friday.

"Nothing belongs to (Ukrainian businessman) Renat Akhmetov in Donbass anymore. Everything is the property of the state. All the decisions have already been made… A trust management procedure will be introduced, it has started already," Pushilin said.

According to Pushilin, there is a large number of other entrepreneurs who will lose their assets.

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