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Domodedovo Airport to be nationalized by Moscow court

Court documents show that a Moscow court on Tuesday ruled to give the assets of Russia's third largest airport, Moscow Domodedovo to the Russian State at the Prosecutor's General's request.

Dmitry Kamenshchik, a Russian businessman or one of his companies owned Domodedovo. According to Russian media Kamenshchik was also a citizen of Turkey and United Arab Emirates. And according to court documents, prosecutors were concerned that the ownership structure of the airport could expose it to foreign influence.

Domodedovo has not responded to comments immediately.

The Domodedovo investigation is part of a long line of asset seizures that prosecutors have initiated. In January, the court had ordered that several large companies, including grain traders Rodnie Polya and Raven Russia as well as oil service company Borets, be transferred to the state.

Igor Krasnov, the Prosecutor-General, said that Moscow began seizing property in Russia from both foreign and Russian owners shortly after the beginning of the conflict in Ukraine. By March, the government had transferred property valued at 2.4 trillion Russian roubles (30.48 billion dollars) to it. Reporting by Gleb Stoliarov. Alexander Marrow, David Evans and David Evans edited the article.

(source: Reuters)