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Evgeny Chernovalov
Editor of the page
Property, assets belonging to son of ex-PM Azarov arrested
Two villas and land in Italy, bank accounts in Switzerland, Luxembourg and Italy belonging to Oleksiy Azarov, son of former Prime Minister Mykola Azarov, are now under arrest.
Moscow court finds Mkrtchan guilty, confiscates $3 billion and jails ex-ISD CEO for 9 years
Moscow’s City Court has found Oleh Mkrtchan, CEO of the Industrial Union of Donbas (ISD) Corporation, guilty of embezzling of more than 1 billion rubles (over $ 15 million) from Russia’s state-owned VEB corporation. He was sentenced to nine years in a penal colony, fined 900,000 rubles (about $ 13.5 thousand) and 199 billion rubles (almost $3 billion) in favor of the victims, the Moscow-based news agency Interfax has reported.
Up for sale? Chinese find way to swallow Motor Sich
The Chinese corporation Beijing Skyrizon Aviation Industry may cede a 25% stake in Zaporozhia-based Motor Sich to the Ukraine’s state-run Ukroboronprom concern. That’s what is needed to cinch the takeover of the Motor Sich plant, which Ukraine’s SBU State Security Service blocked two years ago.