Business news from Ukraine

Business news from Ukraine

NSDC also imposes sanctions against Kolomoisky, Zhevago, Boholyubov

The National Security and Defense Council of Ukraine has decided to impose sanctions against a number of Ukrainian businessmen and politicians, Ukrayinska Pravda reports, citing sources in the NSDC.

“At a meeting on February 12, the National Security and Defense Council imposed sanctions against businessman Ihor Kolomoisky, billionaire Kostyantyn Zhevago, former co-owner of Privatbank Hennadiy Boholyubov, the 5th President of Ukraine, MP of the European Solidarity Party Petro Poroshenko, and former MP from the banned OPFL, accused of treason, Viktor Medvedchuk,” the report said.

The publication emphasized that several other representatives of the National Security and Defense Council confirmed this information. As reported, the European Solidarity party announced the sanctions against Poroshenko at a meeting of the National Security and Defense Council. There is currently no official information on the results of the NSDC meeting.

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NSDC imposes sanctions against Poroshenko

At a meeting of the National Security and Defense Council (NSDC) on Wednesday, sanctions were imposed against MP and opposition leader Petro Poroshenko, the European Solidarity party said in a statement.

“The National Security and Defense Council has just made an unconstitutional, politically motivated decision to impose sanctions against me, Petro Poroshenko, as the leader of the opposition and the fifth president, with absolutely illegal restrictions. This crime has many accomplices: Zelenskyy’s entire team, the Cabinet of Ministers, which was ‘bent’ to the absurd request, and members of his National Security and Defense Council, who quietly raised their hands,” Poroshenko said in a video address.

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Cabinet of Ministers of Ukraine proposes to ban websites whose developers subject to sanctions

The Cabinet of Ministers has adopted a draft law “On Amendments to the Law of Ukraine ‘On Sanctions’ on the Prohibition of the Use of Software Products and Access to Electronic Information Resources,” which, in particular, proposes to ban electronic websites in Ukraine developed by foreign persons subject to sanctions, according to Taras Melnychuk, a representative of the Cabinet of Ministers in the Verkhovna Rada.

According to his message on the telegram channel, “the draft law proposes to amend the Law of Ukraine ‘On Sanctions’ by defining new types of sectoral sanctions, in particular, a ban on the distribution and use of software products on the territory of Ukraine by legal entities whose components originate in a foreign country, which has been sanctioned under the Law of Ukraine “On Sanctions”, or whose developer or copyright holder is a legal entity (individual) resident of such a foreign state or a legal entity whose share in the charter document is foreign, as well as a ban on the use of electronic websites.

In addition, it is proposed to prohibit the use of software products from entities engaged in terrorist activities, or whose developers or copyright holders are foreign legal entities or individuals subject to sanctions.

Sanctions may also be imposed on software products created using the source or object code of software products or their components subject to sanctions; access to electronic information resources on the Internet (web pages, websites, other web resources), electronic communication networks, electronic communication systems, information systems, information and communication systems may be prohibited.

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Zelenskyy imposes sanctions against Ukraine’s largest mineral water producer IDS

Cyprus-based International Distribution Systems Limited, the owner of Ukraine’s largest mineral water producer IDS Ukraine, has been subject to Ukrainian sanctions: asset freezes, prevention of capital outflows abroad, and a ban on increasing the authorized capital of related Ukrainian companies.

President Volodymyr Zelenskyy’s Decree No. 739 of November 7 on the implementation of the sanctions adopted by the National Security and Defense Council on the same day was published on the President’s website.

The decree imposes similar sanctions on eight more companies: four – Sogeral Foundation, Haberfield Limited, Slavisilla Holdings Limited, and Dendar Investment Fund Limited (all based in Cyprus) – for a period of 10 years, while IDS Limited and four others are subject to two-year sanctions.

The latter also include Alfa Finance Holdings Limited, Erasmony Limited, Rissa Investments Limited and CTF Holdings S.A.

Most of these companies are associated with Mikhail Fridman and other co-owners of the so-called Alfa Group, as evidenced, in particular, by the data disclosed earlier in Russia on the scheme of interaction between the participants of the management company Alfa Capital Management Company LLC, under whose control or significant influence this management company was. The list includes Peter Aven, German Khan, Andrei Kosogov, Alexei Kuzmichev and the former minority shareholder of Sense Bank, The Mark Foundation for Cancer Research. Friedman and his partners were previously included in the Ukrainian sanctions list.

As reported, the Ukrainian legislation adopted during the war allows the High Anti-Corruption Court to seize the assets of sanctioned persons to the state revenue.

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Canada expands sanctions lists against entities and individuals

On Thursday, July 20, a new package of anti-Russian sanctions came into force, targeting entities and individuals associated with the Russian military-industrial complex, as well as cultural figures who have voiced support for Russian aggression against Ukraine, according to the press service of the Canadian government.

“Canada imposes sanctions against 21 organizations associated with the Russian military-industrial complex, including financial and telecommunications companies,” the statement said.

The list included such companies as MTS, Megafon, Tele2, Tinkoff Bank, Yandex Pay, Beeline, the payment system “Mir” and others.

In addition, sanctions were imposed against 20 individuals associated with the Russian military-industrial complex, including important military figures who were active in Africa and Ukraine, and individuals associated with the Russian nuclear sector.

Separately, a sanctions list was released, including 19 individuals who use their art (music, acting, film) to propagandize the Russian invasion of Ukraine, as well as individuals from Russia’s cultural and educational sector, including museum directors, who are involved in the damage or total destruction of cultural property. in Ukraine.

They included Ivan Okhlobystin, Nikita Mikhalkov, Phillip Kirkorov, Iosif Prigozhin and others.

In addition, Canada imposed sanctions against four organizations involved in the Kremlin’s efforts to “Russify” Ukrainian culture. This number included the Ministry of Culture of the Russian Federation, the Ministry of Science and Higher Education of the Russian Federation, Besogon LLC and Readovka.ru LLC.

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Rafael Goroyan, head of Prometey, supports sanctions against Iran

Rafael Goroyan, the owner and the head of the Prometey Group of Companies, a big Ukrainian grain trader, positively evaluated the initiative of the President of Ukraine to impose sanctions against Iran for 50 years.
The resolution, which was voted for yesterday by people’s deputies, envisages, in particular, a complete ban on trade operations.
“I welcome this decision of the state authorities of Ukraine. Today our country is one of the main suppliers of agricultural products to the Islamic Republic of Iran.
I believe that the ban on trade will significantly affect the food security of Iran, the government of the country is likely to face starvation among the population.
The Islamic Republic will be left with one supplier of grain – the Russian Federation, on which it will be completely dependent. This means that the supplier will be able to dictate prices, which will certainly hit Iran’s economy,” Rafael Goroyan is sure.

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