Higher Anti-Corruption Court to Seize Assets from «KBM» for the State

The press service of the Higher Anti-Corruption Court (HACC) informs about the satisfaction of the Ministry of Justice’s lawsuit for the recovery of assets from PJSC «NPC «KBM».

Decision of the Court

According to the HACC announcement, on April 18, 2024, the court issued a decision partially granting the Ministry of Justice of Ukraine’s lawsuit regarding the application of sanctions provided for by the Law of Ukraine «On Sanctions» against the Scientific Production Corporation «Design Bureau of Machine Building».

About PJSC «NPC «KBM»

PJSC «NPC «KBM» is a company located in the Russian Federation specializing in the development and production of military equipment. This company is involved in the creation of high-precision tactical missile systems, operational-tactical missile systems, anti-aircraft missile systems, and other weapons.

Use of «Kh-47M2 Kinzhal» by Russia

Russia uses the «Kh-47M2 Kinzhal» missiles as part of its military potential, including using them as weapons for attacks on Ukraine. «Kinzhal» missiles are difficult to intercept, but in May 2023, the «Patriot» system, provided by partners, destroyed the Russian «Kinzhal» for the first time.