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Forbes Ukraine: Firms with ties to Yanukovych’s son get $10 million in coal plants at no charge from state

Mark Rachkevych Author: Mark Rachkevych All articles by this author

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Nov. 01, 2012 21:12
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All-Ukraine Bank of Development owned by Oleksandr Yanukovych
Photo by UNIAN

An article by Forbes Ukraine posted online on Oct. 23 reports that companies with close ties to President Viktor Yanukovych’s son, Oleksandr, this year at no cost took over majority stakes worth an estimated $10 million in five coal enrichment plants from the state.

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