Russian officials have nationalized more than 130 properties in Crimea that previously belonged to Ukrainian ‘oligarchs’ who have been supporting Kiev in its conflict with Moscow, Vladimir Konstantinov, the head of the republic’s State Council, revealed on Wednesday.

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Nearly $9 billion in private funds is blocked in the country’s institutions due to sanctions Some Swiss financial institutions have begun charging their Russian clients fees on frozen accounts, sometimes accruing interest payments years in advance, Vedomosti reported on Tuesday, citing bankers and a brokerage firm.