You're reading: Yoga instructor heads Euro 2012 construction parent company

An international investigative journalism project has revealed that a Cyprus yoga instructor heads the parent company of a major Euro 2012 builder which has so far won multi-million dollar orders in no-bid government orders.

The Organized Crime and Corruption Reporting Project discovered that Lana Zamba is the director of Eurobalt Limited, a U.K. company that owns a controlling interest in Altkom OOO, a road construction company based in Donetsk.

She runs a yoga studio in Cyprus, but according to her husband she is only "an instrument, a nominal director who does practically nothing for the company."

According to a U.K. non-profit that tracks who is listed as the director of domestic companies, Zamba was appointed director of Eurobalt in December 2009.

Altogether, Zamba is listed as the director of 23 companies in the U.K. for which she receives a fixed monthly salary of $534, said her husband over the phone to the Kyiv Post.

"But she really has no relations to these companies," Zamba’s husband said.

Altkom is a major contractor for the Euro 2012 soccer championship and has received hundreds of millions of dollars in no-bid contracts, OCCRP reported.

Altkom’s preferential treatment has fueled speculation by critics and journalists that high-ranked politicians are behind Altkom.

Altkom has denied having any relations to government officials or separate government ministries.

Kyiv Post staff writer Mark Rachkevych can be reached at [email protected].

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