The Kremlin has escalated its efforts to seize private assets within Russia, confiscating approximately $7.5 billion in holdings belonging to former agricultural tycoon Vadim Moscovici. Moscovici, founder of the agricultural giant Rusagro, has been in pre-trial detention since March 2025. The confiscation, reported by the Swiss publication Cash, represents a significant move in a broader campaign targeting wealthy Russians. Authorities have not publicly detailed the legal justification for the seizure. This action follows a pattern of increased state control over assets previously held by private individuals. The move signals a continued crackdown on dissenting or politically vulnerable business figures within Russia. The confiscated funds will likely be redirected to state-controlled entities or national projects.