: Damage from Russian annexation of Crimea estimated at over UAH 1 trln

13:41 Mar. 21, 2016

Damage from Russian annexation of Crimea estimated at over UAH 1 trln

Pedestrians pass a giant wall mural showing a map of the Crimean peninsula filled with the flag of the Russian Federation, in support of the Russian annexation, in Moscow, Russia, on Friday, March 28, 2014. (Getty Images)

Ukraine's Crimean peninsula was illegally annexed by Russia two years ago - in March 2014 

Ukrainian Chief Military Prosecutor Anatoliy Matios announces that the Military Prosecutor's Office of Ukraine estimates the damage caused by the Russian annexation of Crimea at over UAH 1 trillion, or about billion at the official forex rate, according to 112 Ukraine TV Channel.

Read also Muscovites celebrate anniversary of Crimea annexation

"According to preliminary conclusions by experts, as well as estimates, the sum of the damage caused by the Russian annexation of the peninsula is more than UAH 1 trillion. It is only the cost of real estate and infrastructure of state-owned enterprises, without taking into account the loss of territory and private ownership on the peninsula," Matios said.

Read also Human Rights in Ukraine: Russian-occupied Crimea prosecutor promises revenge for Euromaidan

Earlier, the Ukrainian Navy said that the damage from the annexation of Crimea amounted to USD 150 billion.

Reporting by UNIAN


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