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The state wants to take away Naftogaz’s right to decide on its subsidiaries’ dividends. The draft law on the 2024 state budget (Draft Law No. 10000) proposes that entities in which 50 percent or more of shares are owned by Naftogaz must pay their 2023 dividends directly to the state budget. Naftogaz is carved out individually in this draft law, which is considered to be a poor practice.
The State Property Fund (SPF) of Ukraine has appealed to the government with an initiative to include the state share (66.65%) in the Ocean Plaza shopping center (Kyiv) in the list of large-scale privatization objects, the department's press service reported.
As the war in Ukraine rages on, recent advisories from financial crime agencies in the United States and the United Kingdom indicate heightened scrutiny on financial activity of Russian...
The presidential decree on the decision of the National Security and Defense Council of Ukraine (NSDC) dated October 19, 2022 on the implementation and amendment of personal special economic and other restrictive measures (sanctions), No. 727\2022, which imposes sanctions against Russian businessmen and oligarchs, has been published on the website of the president of Ukraine.
The ban on importing cheap Russian ammunition and a grandfather clause have split the top firearm lobbies as the war in Ukraine rages.