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Russia's annexation of Crimea caused $72 billion losses to Ukraine, - Crimean Prosecutor's Office

Russian Federation has nationalized more than 4,000 Ukrainian enterprises on the territory of annexed Crimea
14:29, 3 September 2019

Crimea
Open source

Ukraine's losses from Russia's annexation of Crimea amount to 72 billion dollars. The Prosecutor's Office of the Autonomous Republic of Crimea reported this at the inquiry of UNN news agency.

“According to the information found during the pre-trial investigation, Guild of Ukrainian Appraisers calculated the losses on the territory of temporarily occupied Autonomous Republic of Crimea, which amount to 72 billion dollars,” the message reads.  

It is noted that the losses had been caused due to restrictions on usage of the property, violation of property rights of Ukraine.  

“The Prosecutor's Office of the Autonomous Republic of Crimea supervises the pre-trial investigation in a number of criminal proceedings on illegal seizure of state property on the temporarily occupied territory of Crimea under Part 1 of Article 438 of the Criminal Code (violations of the laws or customs of war),” the Prosecutor's Office added. 

Related: U.S. might toughen anti-Russian sanctions due to Crimea’s annexation, - Rick Perry

Earlier it was reported that the Russian Federation had nationalized more than 4,000 Ukrainian enterprises on the territory of annexed Crimea.

Russia annexed Crimea in March 2014. Crimea is announced to be temporary occupied territory.

The Verkhovna Rada of Ukraine officially announced February 20, 2014, to be the year of the beginning of the temporary occupation of Crimea and Sevastopol by Russia. On October 2015, then-President Petro Poroshenko signed the proper law.

The international organization recognized the occupation and annexation of Crimea as illegal and condemned the actions of Russia. West imposed a number of sanctions against Russia.

Related: 59 Crimeans convicted for refusal to serve in Russian Armed Forces

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