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How did Vienna become safe haven for oligarchs and fugitives?

The detention of Ukraine's best-known investigative journalist, Mykhailo Tkach, and his cameraman Yaroslav Bondarenko in Vienna this October caused an understandable outcry in both Ukraine and Austria. The two work for Ukrainska Pravda media and were reporting on the whereabouts of former Ukrainian prosecutor general Ruslan Kravchenko, who had reportedly relocated to Austria's capital shortly after Kravchenko's personal office was searched by Ukraine's anti-corruption bodies as part of a large-

Austrian police officers stand outside the Russian Embassy in Vienna on July 7, 2020.

About Privatization

Ukraine's privatization program aims to transfer state-owned enterprises to private ownership to improve the economy's competitiveness. Ukraine’s State Property Fund manages auctions for state assets ranging from small businesses to large industrial facilities, with proceeds designated for defense and reconstruction needs. Ukraine suspended privatization of strategic enterprises in March 2022 following Russia's full-scale invasion, but resumed limited sales of non-critical assets in 2023.

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