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$1 billion suit against Bakhmatyuk is latest entry in Ukraine’s long chronicle of alleged bank fraud
The billion-dollar court case against exiled tycoon Oleh Bakhmatyuk is a depressingly familiar reminder of Ukraine’s elite-level embezzlement problem. The former billionaire is being sued by U.S. investment fund Gramercy, which alleges that Bakhmatyuk, the majority shareholder and board chairman of agricultural giant UkrLandFarming, siphoned $1 billion out
Freedom of press is crucial for strong democracy
We’ve been working hard to provide you with trusted, on-the-ground reporting about Russia’s war on Ukraine. This World Press Freedom Day support independent journalism in Ukraine and help us uphold this pillar to a strong democracy.