Almost nine months after the start of the war, the head of the economic policy commission of the Federation Council Andriy Kutyepov proposes to freeze the assets of big businessmen and heads of state corporations who left Russia after the start of the conflict in Ukraine, TASS and Kommersant reports.

Vladimir Putin at a meeting with Russian businessmenPhoto: Mykhailo Klimentiev / Sputnik / Profimedia Images

A Russian senator wants to ask Russian Deputy Prime Minister Dmytro Hryhorenko to freeze the assets of Russian billionaires in a context in which Western countries did the same after Russia illegally invaded Ukraine.

Kutiepov also suggests that those who have renounced Russian citizenship should also fall under the measure, in the context of Russia spending nearly a billion dollars on the latest missile strike against Ukraine alone.

The senator wants to transfer dividends and other payments to businessmen who have left Russia to a special account to finance what Moscow calls a “special military operation.”

Andriy Kutyepov also suggested that the funds of foreign investors from “unfriendly” countries frozen in Russia should be directed to the repair of the bridge in Crimea, roads and infrastructure in the area of ​​Russia’s “special military operation”

Among the targets of the attack will be billionaire banker Oleg Tinkov, billionaire Nikolai Storonsky, who runs the financial technology company Revolut, Yuri Milner, who owns DST Global and is the richest Russian in Silicon Valley, Ruben Vardanyan, a former executive director and shareholder of Sberbank CIB, and Timur. Turlov, president and CEO of Freedom Holding, who renounced Russian citizenship amid the war in Ukraine.

Russia technically entered a recession nearly nine months after the military offensive in Ukraine began, with gross domestic product (GDP) falling 4 percent in the third quarter, according to the first estimate released on Wednesday.