25 top tax officials from the time of Yanukovych arrested during special operation in Ukraine
On May 24, the Prosecutor General’s Office of Ukraine (GPU) and the Ministry of Internal Affairs (MIA) carried out a massive anti-corruption operation. After searches, 25 former high ranking regional officials of the Ministry of Revenues and Duties from 15 eastern and southern regions, as well as from Kyiv, were arrested. The former officials are suspected of involvement in organizing so-called tax platforms.
Arsen Avakov, head of the Ukrainian MIA, explained what “tax platforms” are.
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Cypriot investment companies appeal against confiscation of $1.5 billion from Yanukovych environment
A number of Cyprus-based companies are going into litigation with Ukraine to appeal the judgment of the Kramatorsk city court of Donetsk Oblast on the confiscation of $1.5 billion from the Viktor Yanukovych environment, reported Interfax Ukraine.
Interfax received a letter from the lawyers of Dmytro Shcherbyna and Maksym Kovalenko who represent the interests of the following companies: Akemi Management Ltd., Aldoza Investments Ltd., Erosaria Ltd., Opalcore Ltd., Foxtron Networks Ltd., Loricom …
Deputy Prime Minister: Moldova is ready for dialogue with Transnistria
The Moldovan authorities are in favor of intensifying the dialogue with unrecognized Transnistria within the framework of existing negotiating platforms.
Ukrinform reports that the Deputy Prime Minister of Moldova, Gheorghe Balan, stated this during a meeting in Chisinau with the Ambassador-at-Large of the Ministry of Foreign Affairs of the Russian Federation, Sergey Gubarev.
"The authorities of the Republic of Moldova are open to intensifying the dialogue within all existing negotiating …
Ukrainian court has recognized the nationalization of PrivatBank as 'partially illegal'
On May 17, the Kyiv District Administrative Court recognized the nationalization of Ukraine's largest privately owned bank, PrivatBank, which took place on the night of December 18, as partially illegal. The court considered the claim of six individuals against the National Bank (NBU), the Individual Deposits Guarantee Fund, the Ministry of Finance, and persons authorized to perform interim administration at the Bank at the end of December 2016. The plaintiffs were co-owners of the media group 1 …
Ukraine will issue residence permit to foreign investors
On Tuesday, the Verkhovna Rada adopted the whole of bill No. 4541 on the second reading. The bill is designed to reduce barriers to attracting foreign investment. 239 deputies voted for it.
One of the regulations of this bill provides for the issuance of residential permits for investors. To get one, an investor must own or control a stake in a Ukrainian legal entity, valued at a minimum of 100,000 euros.
The bill also introduces a three-year work permit in Ukraine for foreigners. Previously, …