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Foreign Affairs

bemildred

(90,061 posts)

14. Ukrainian President's Candy Factory Assets Seized In Russia

Reply to bemildred (Original post)

Wed Apr 29, 2015, 01:03 PM

Apr 2015

Russian authorities have seized several assets at a candy factory owned by Ukrainian President Petro Poroshenko in the Russian city of Lipetsk.

Poroshenko's company, Roshen, said on April 28 that Russian officials are "deliberately taking all possible steps to prevent the company from selling its assets in Russia."

Poroshenko promised ahead of his election in May to sell Roshen.

Oleg Kazakov, the Lipetsk factory's deputy head, said on April 28 that production would continue at the factory despite the seizure.

http://www.rferl.org/content/ukraine-poroshenko-roshen-assets-seized-russia/26984668.html

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