The State Council of the Republic of Crimea has submitted to the State Duma a bill on the nationalization of property, which as of February 24 was owned by citizens of the so-called

"hostile" countries, TASS reported.

The document has been entered into the electronic database of the Word.

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The bill proposes amendments affecting "movable and immovable property, cash, bank deposits, securities, corporate rights, and other assets that directly or through intermediaries belong to foreign countries and individuals."

Russia restricts the entry of citizens from enemy countries

The bill entitles the subjects of the Russian Federation to determine the procedure for nationalization of property of foreign countries and foreign persons related to foreign countries who commit "hostile" actions against legal entities and individuals of the Russian Federation, informs BTA.

The deputy chairman of the United Russia faction, Yevgeny Revenko, announced in his Telegram channel that he supported the initiative.

Crimean leader Sergei Aksyonov announced on March 23rd that authorities in the Russian-annexed region would soon begin nationalizing the assets of Ukrainian oligarchs.

According to TASS on the peninsula properties have many Ukrainian oligarchs, as well as the family of Ukrainian President Volodymyr Zelensky.

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