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Home  /  World  /  Russia to sell Volodymyr Zelensky’s holiday home to fund invasion: Report

Russia to sell Volodymyr Zelensky’s holiday home to fund invasion: Report

by Jonah Oppenheimer
May 26, 2023
in Russia, World
Reading Time: 2 mins read

According to The Telegraph, the Russian government has declared that the proceeds from the sale of Ukrainian President Volodymyr Zelensky’s vacation home would be used to fund Russia’s ongoing invasion of Ukraine.

The news source added that a video announcing the local legislature’s decision to nationalize 57 properties formerly owned by Ukrainian businesspeople and public personalities was published by the Crimean leader designated by Russia.

“Crimea will regain rights for a number of properties, including a building in Simferopol that belongs to the banned Crimean Tatar parliament as well as Olena Zelenska’s flat,” said Crimean Governor Sergei Aksyonov, referring to the president’s flat that is registered in his wife’s name.

“Enemies of Russia won’t be making money in Russian Crimea,” he added.

The estimated value of the property is approximately $800,000

According to the news source, the Zelensky family had bought a three-room penthouse apartment in 2013 that served as their vacation home in the renowned Crimean coastal town of Livadia. They were never able to move in, though, due to ongoing repairs and the annexation that followed.

The estimated value of the property is approximately $800,000, according to the Russian state media.

Vladimir Konstantinov, the speaker of the Crimean parliament, announced that the flat would be put up for auction, with the money raised going toward Russia’s conflict in Ukraine.

“It will be put up for sale, and the money will, first of all, go towards the needs of the special military operation, the families of the killed soldiers, and the families of the mobilized men,” he told state Russian TV.

While this was going on, President Volodymyr Zelensky accused Russia of terrorizing Ukrainians and reported that his military had destroyed 36 Iranian-made attack drones employed by the Russian forces.

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“In total, 36 barrage munitions were launched from the northern and southern directions. The enemy presumably aimed to attack critical infrastructure and military facilities in the western regions of Ukraine,” the defense ministry said.

Tags: holiday homeVolodymyr Zelensky
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