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asset seizure

News about asset seizure: events, facts and developments on tafs uz.

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Ex-Head of Rostov-on-Don Found to Own Watch Collection Worth Nearly 12 Million Rubles

The Prosecutor General's Office has taken an interest in the assets of former head of the Rostov-on-Don city administration Alexei Logvinenko. Fourteen expensive watches by DeWitt, Breguet, Vacheron Constantin, Cartier and Maurice Lacroix, worth a total of about 11.6 million rubles, were found at his father's house. In total, the agency is seeking to seize assets worth 1.6 billion rubles from the ex-official.

1 min read

Putin Places Tarkett and Four More European Companies Under Temporary Administration

Russian President Vladimir Putin signed a decree on the forced seizure of Russian assets of the French flooring manufacturer Tarkett, as well as Kappa Rus, Ontex RU, Eviosys Packaging Kuban and Menshen Packaging CIS. The companies' combined annual revenue exceeds 50 billion rubles (about €532 million). The appointed manager is Tsentr Kapital, registered in February 2026.

3 min read