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Oleh Bakhmatyuk

$1 billion suit against Bakhmatyuk is latest entry in Ukraine’s long chronicle of alleged bank fraud

$1 billion suit against Bakhmatyuk is latest entry in Ukraine’s long chronicle of alleged bank fraud

by Alexander Query

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

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UK sanctions Russian officials and lab over chemical weapons use in Ukraine.

According to the updated sanctions list published on the U.K. government's official website, the new measures target Russia's Scientific Research Institute of Applied Chemistry, as well as Lieutenant General Alexei Rtishchev, head of Russia's Radiological, Chemical and Biological Defense Troops, and his deputy, Andrei Marchenko.
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