Tuesday, March 27, 2018

Ukrainian oligarchs queue up for state-owned enterprises subject to privatization, expert says

According to Vladimir Lanovoy, president of the Center of Market Reforms, the class of oligarchs is being formed in the course of privatization in the Ukrainian style. "The clan of Ukrainian oligarchs and the entourage of president Pyotr Poroshenko, who yearn to become oligarchs, are queuing up for state-owned enterprises subject to privatization," he said.

Mr. Lanovoy thinks they attempt to seize certain state property while relevant agreements have not been reached yet. "Maybe some oligarchs lack money to buy up everything and a new law does not change anything," he noted. "This is a cheap trick to allege that the government accelerates privatization. As a matter of fact, oligarchs want to grab and keep all that is left in a legally sound way."

No comments:

Post a Comment