Donetsk republic blocks $800,000 on Ukrainian oligarch’s accounts

The authorities of the Donetsk People’s Republic (DPR) have blocked over 50 million rubles ($794,000) on accounts of Ukrainian oligarch Sergey Kurchenko, DPR leader Alexander Zakharchenko said Wednesday.

“As of today, thanks to a number of operative and manhunt activities, the accounts of his enterprises – Donetskoblgaz and some affiliated ones – have been blocked,” the Donetsk News Agency quoted Zakharchenko as saying.

Earlier, Zakharchenko imposed personal sanctions against Kurchenko, Ukrainian President Petr Poroshenko as well as oligarchs Igor Kolomoisky and Boris Lozhkin. The sanctions were imposed over the activity of these persons and structures they control to finance military aggression in Donbas and destabilization of the social and economic situation in the DPR.