VAKS confiscated 79 railway cars of a Russian businessman in favor of Ukraine
/ 21 October 2026 12:11
2 min to read
The Supreme Anti-Corruption Court has ruled to seize 79 railway cars related to a sanctioned Russian businessman. The court upheld the claim of the Ministry of Justice of Ukraine and imposed a sanction on the businessman and the Inter Cargo Company joint-stock company.
What property did the Supreme Anti-Corruption Court seize
On October 20, 2026, the panel of judges of the Supreme Anti-Corruption Court upheld the claim of the Ministry of Justice to impose a sanction in the form of seizing assets to the state.
These are railway cars owned by Inter Cargo Company JSC and, according to the case materials, indirectly owned by a Russian businessman.
In total, the court ruled to seize 79 units of rolling stock, including:
69 gondola cars built in 2010–2012;
9 blind-bottomed gondolas built in 2017;
1 fitting platform built in 2014.
Thus, according to the court decision, the specified assets are subject to recovery to the state income of Ukraine.
Is it possible to appeal the court decision
The Supreme Anti-Corruption Court noted that the decision can be appealed on appeal.
The participants in the case or their representatives have the right to file an appeal with the Appellate Chamber of the Supreme Anti-Corruption Court within five days from the date of the announcement of the decision.
Therefore, the adopted decision may still be subject to appellate review.
Confiscation of Russian assets in Ukraine
The recovery of property of sanctioned persons to the state income is one of the mechanisms of sanctions policy provided for by Ukrainian legislation.
According to the Law of Ukraine “On Sanctions”, under the conditions specified by law, a sanction in the form of seizure of assets to the state income may be applied to individuals and legal entities.
Such cases are considered by the Supreme Anti-Corruption Court upon claims of an authorized state body.
It was also previously reported that the Asset Tracking and Management Agency (ARMA) is selling 100 railway cars of Russian origin.
In addition, Ukraine continues to work on identifying and transferring to the state assets related to sanctioned persons. property seizure, Russian assets, Inter Cargo Company, railway cars, ARMA, court decisions.
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