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The long-awaited law on the corporate governance of SOEs comes into effect. “This is a critical step to ensure that state-owned enterprises operate in line with OECD principles, reducing opportunities for corruption and ensuring accountability of CEOs by supervisory boards selected according to international standards,” G7 ambassadors responded.
The High Anti-Corruption Court has decided to uphold the claim filed by the Ministry of Justice of Ukraine and seized the assets of Russian oligarch Ivan Savvidis, the State Bureau of Investigations (DBR) reported on Telegram on Feb. 13.
Savvidi was listed among 25 oligarchs whose companies serve the Russian military-industrial complex and whose assets had not yet been confiscated by Ukraine.
Don Plaza Hotel in Rostov-on-Don is to join the Radisson family. After completing this ambitious renovation, it will operate as part of the renowned Park Inn
At least 88 Ukrainian companies directly or indirectly owned by Russian oligarchs linked to the country’s military industry have not yet been confiscated, the Trap Aggressor project of the StateWatch think-tank reported on Aug. 10.