Sale of Yanukovych’s frozen assets linked to Cyprus firms

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Sale of Yanukovych’s frozen assets linked to...
 © BusinessMail 2018
By Stelios Orphanides

Two Ukrainian oligarchs acquired Cyprus’s Quickpace Ltd, a company with $160m (€133m) in illicit frozen assets controlled by Ukraine’s ousted president Viktor Yanukovych, Aljazeera reported on Sunday.

The two men were named as gas-tycoon Alexander Onyschenko and real estate operator Pavel Fuchs.

Aljazeera, which cited an “unsigned contract” it obtained and other documents, said that the seller, Serhiy Kurchenko, known as Yanukovych’s “family wallet,” received $30m in cash in exchange plus other assets, including a private jet.

According...


This article was automatically added to our system 9-1-2018

Sale of Yanukovych’s frozen assets linked to Cyprus firms


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