Putin transfers seized Pushkarev assets to Defense Ministry

Putin transferred the military construction company, an enterprise of the family of the former Vladivostok mayor Pushkarev, which was seized by the state at the request of the Prosecutor General's Office. The decree was signed on August 24 and published on the portal of legal information.

Consensus

• The assets of Igor Pushkarev were nationalized by the state following a lawsuit by the General Prosecutor's Office.
• The assets were transferred to the Military-Construction Company under the Ministry of Defense.
• The transfer was formalized by a presidential decree signed on August 24.
• The assets were valued at nearly 80 billion rubles.
• The companies involved were part of the 'Vostoktsement' group and included cement and construction firms.
• The transfer coincided with the signing of a decree to revive 'stroybats' — military construction units.

Points of divergence

• The Military-Construction Company (VSK) received 'PBSD Holding', 'Spassktsement', 'Drobilno-sortirovochny zavod', 'Yakuttsment', 'Betonych', 'Daltsment', and 'SKACI'. — tg_moscowtimes_ru
• The Military-Construction Company received shares of 'Betonych', 'Vostok AI TI', 'Daltsment', the Drobilno-sortirovochny plant, 'Yakuttsment', the Spassky asbestos-cement plant, 'Spassktsement', and 'PBSD Holding'. — tg_theinsider
• The companies were seized from Pushkarev's family and related individuals, with some assets held through offshore structures and the company 'Park Aktiv'. — tg_theinsider
• The assets were transferred as part of a broader nationalization campaign following the invasion of Ukraine, involving over 800 companies worth 6.5 trillion rubles. — tg_moscowtimes_ru

Coverage (2 sources)

• In Russia, nationalized business was transferred to the Ministry of Defense for the first time — The Moscow Times
• Putin transferred to the Military Construction Company assets of the family of former Vladivostok mayor Pushkarev, seized by the state in a lawsuit — The Insider

Key entities

• Russia
• Vladivostok
• Pushkareva
• Ministries of Defense
• Vladimir Putin
• Ministry of Defense
• General Procuracy
• Council of Federation
• VSK
• The Insider
• Decree
• Military Construction Company
• East IT
• PBSD Holding

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