You're reading: Aksyonov says some 250 facilities nationalized in Crimea

SIMFEROPOL - The Crimean authorities have nationalized some 250 private facilities and no new decisions on nationalization will be made, Sergei Aksyonov, the head of the Republic of Crimea, said.

“There are some 250 private facilities. An overwhelming majority of them are property of [Ukrainian businessman Ihor] Kolomoisky, and the money for it will go to depositors [of Kolomoisky-controlled Privat B ank, which stopped working in Crimea after the region’s reunion with Russia],” Aksyonov told reporters in Simferopol on Feb. 27.

The parliament of Crimea on Feb. 27 made a number of decisions on the nationalization of private property and a decision to stop the nationalization mechanism.

“We are now ending the nationalization process. This decision is the last one,” Sergei Aksyonov, the head of the Republic of Crimea, said in the parliament.

Aksyonov also said the facilities nationalized by the Crimean State Council on Friday were previously privatized with violations of the law.

“We are talking primarily about those facilities that were fraudulently removed from state property. Those facilities were not just privatized in a non-transparent manner, they were stolen form the state,’ Aksyonov said.

The list of property registered as property of the Republic of Crimea is final and new objects will not be included in it after March 1, 2015, the Crimean parliament said in its decision.