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Ukrnafta, Motor Sich, AvtoKrAZ and other enterprises become state property

November 7, 2022
in Daily News
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The shares of a number of the largest Ukrainian enterprises associated with businessmen Konstantin Zhevago, Igor Kolomoisky, Vyacheslav Boguslaev and Konstantin Grigorishin become the property of the state, Economic Pravda writes , citing its sources in the National Commission on Securities and the Stock Market of Ukraine.

On November 6, the commission decided to forcibly alienate the shares of Ukrnafta (42% of the shares from Kolomoisky), Ukrtatnafta (60% of the shares from Kolomoisky and Bogolyubov, this company is the owner of the Kremenchug refinery), Motor Sich (56% Boguslaev sold shares to Chinese investors, but the deal was stopped by the Antimonopoly Committee, Boguslaev himself was arrested), AvtoKrAZ (Zhevago) and Zaporizhtransformator (Grigoryshyn).

It is not yet known whether the transfer of shares in these enterprises will be compensated by their former owners and minority shareholders.

Earlier, the court seized all the property of the president of the Motor Sich Corporation, Boguslayev, who was detained by the SBU on October 22. Currently, the ex-heads of Ukrnafta and the directors of five companies are suspected of stealing 13 billion hryvnias.

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