Squeezing the elites
In the fifth year of Russia’s full-scale invasion of Ukraine, Russian law enforcement has become far more aggressive about seizing money and property from officials, lawmakers, security officers, judges, and their relatives and associates. According to Novaya Gazeta Europe’s calculations, law enforcement agencies seized assets worth 951 billion rubles (€12.6 billion) in 2025 — six times more than the year before — and another 366 billion rubles (€4.1 billion) in the first half of 2026 alone. Novaya Europe explains why the Kremlin decided to launch a new “anti-corruption campaign”, how it works, and who it’s hit hardest.
The monetary scale of the seizures stayed roughly flat in 2022 and 2023 — 196 billion (€2.2 billion) and 168 billion rubles (€1.9 billion) respectively — before dropping 28% in 2024. But in 2025, the year after the presidential election, seizures jumped sharply to 951 billion rubles (€10.6 billion). In the first half of 2026 alone, officials and lawmakers had already lost another 366 billion rubles (€4.1 billion) in property and cash.
Roughly half of last year’s record total came from the seizure of assets belonging to two lawmaker-businessmen: Konstantin Strukov’s Yuzhuralzoloto gold mining company in the Urals, and Eduard Yanakov’s Dalpolimetall in the Primorsky region.
Other major business seizures include the KIMP Holding bearing plant, worth 126 billion rubles (€1.4 billion), which was taken in 2026 from former deputy head of Rosstandart Alexei Kuleshov; and Dagneftproduct, worth 100 billion rubles (€1.1 billion), seized in 2025 from Dagestan’s state secretary Magomed-Sultan Magomedov along with his relatives and associates.
Homes, cars, luxury items and cash are seized nearly four times more often than businesses — 358 cases versus 95. But in monetary terms the picture flips: the commercial assets confiscated by the state are worth 20.5 times more than the personal property.
Who’s most at risk
The main targets for law enforcement are regional officials, who account for 510 of those accused of corruption, or nearly two-thirds of Novaya Europe’s sample. In second place are local security officers, with 101 people, followed by federal-level lawmakers, with 68 defendants.
Novaya Europe recently calculated that, since the start of the war and through the end of the first quarter of 2026, criminal cases had been opened against at least 700 senior federal and regional officials, lawmakers, mayors and deputy mayors. We found more cases involving property seizures because our sample included officials at every level, as well as security officers and judges.
Not everyone who lost their property was hit with criminal charges or convicted. Two judges — former head of the Supreme Court of Adygea Aslan Trakhov and judge Natalia Khakhaleva — had property, cash and businesses seized following anti-corruption lawsuits from the Prosecutor General’s Office, but law enforcement has not yet opened criminal proceedings against them.
Excluding Moscow, St. Petersburg and the Moscow region, the Krasnodar region tops the list for asset seizures, followed by a tie between the Nizhny Novgorod and Novosibirsk regions, with Rostov region in third.
“The old elites, who have been with Putin for more than a quarter century, are either dying off or are no longer capable of playing the role they once played. [Former defence minister and Security Council member] Sergey Ivanov just died, and two chairs of the Supreme Court died, more or less, right in their offices. New, hungry elites have emerged. But there isn’t any more property to go around. So it becomes necessary to take back what was handed out for old services rendered.