How much money does Viktor Yanukovych really have?
Viktor Yanukovych is the ousted Ukrainian president. Through his corrupt machinations he was able to get a Assets of an estimated 200 million euros build up. However, these assets can be traced back to Ukrainian state property. Many properties and land went into private ownership and were luxuriously renovated and sold at tax expense. Viktor is also a very successful writer and as such it could earn around $ 4.5 million.
The fortune was together with his son Oleksandr Yanukovych divided into various sub-companies. The highlight is the “Ukrainian Bank of Development”, which was founded to force large companies to invest their money there. This created a very high capital assets, with the more and more successful companies could be bought. Funds were transferred to foreign accounts and sub-companies in Austria, Switzerland, Liechtenstein and England.
In the meantime, the EU left this Freeze Accounts. How much of this money is actually frozen and how much the Yanukovychs were able to bring to safety, nobody knows at the moment.
Between 1997 and 2002 Yanukovych was governor of Donetsk. He was named prime minister in 2002 and stepped down in 2004 to run for president. However, the politician lost the 2004 election and took up the post of prime minister again in 2006. In 2010, Yanukovych was just able to prevail against his rival Yulia Tymoshenko in the presidential election.
Vitali Klitschko, opposition leader and major opponent of Yanukovych demanded publicly the removal as president. Ukraine lacks urgently needed money, which the corrupt president diverted into his private hands.
In February 2014 Russian President Vladimir Putin granted him Asylum in Russia and declared from his point of view that Yanukovych would continue to be the rightful President of Ukraine. New elections for the Ukrainian presidency were held on May 25, 2014 and his legal successor as President of Ukraine was the oligarch Petro Poroshenko.
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