Business news from Ukraine

Smart Energy owner Novinsky regards searches in company as pressure on opposition

16 November , 2017  

KYIV. Oct 16 (Interfax-Ukraine) – Searches at the offices of Smart Energy and at the place of residence of its managers are conducted for far-fetched reasons with the aim of once again pressing on the opposition, the owner of the Smart-Holding, deputy from the Opposition Bloc, Vadim Novinsky, has stated.
“This way they are trying to influence me as a politician in some way. In addition, this is pressure on the opposition. This is another way to arrange economic raiding at the enterprises in which I am a shareholder,” he said on the sidelines of the parliament.
He stated that all his companies observe the law and are transparent, therefore “there is nothing to be afraid of.”
According to him, representatives of the tax police are in the offices of Smart Energy for “absolutely far-fetched reasons.” Novinsky added that his other companies are also subject to “huge repressive pressure” from other law enforcement agencies: the Security Service, the Prosecutor General’s Office and the Interior Ministry.
Smart Energy is a managing company in the Smart-Holding Group of Vadim Novinsky. It is responsible for the development of projects in the field of hydrocarbon production and alternative energy.