Assets of Ukraine’s Petro Poroshenko to be seized

Former Ukranian President Petro Poroshenko. Picture: BLOOMBERG.

The order may inflame political tensions in a country that Poroshenko’s successor and rival, President Volodymyr Zelenskiy, has warned is at risk of an invasion as early as this month after a buildup of Russian troops across its borders. He faces allegations of treason for supporting Kremlin-backed fighters in the country’s war-torn Donbas region. According to the accusations, he used state finances to buy coal from mines they control, making Ukraine’s economy dependent on Russia and undermining efforts to diversify energy supplies.

“We see absolute lawlessness, disregard of the rule of law, aimed solely at one thing: to prevent the leader of the opposition to engage in political activity,” Poroshenko’s lawyer, Ihor Holovan, said after the court ruling. His legal team will appeal against the decision and file a complaint to the European Court of Human Rights, he said.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigerian oil firms to vie for Shell’s oil assets in the country, sources sayNo international oil companies are expected to take part in the bidding process at this point, the sources say
Source: BDliveSA - 🏆 12. / 63 Read more »

Crypto is the future, could replace dollar in 10 years, says chess grandmaster Garry KasparovDigital assets such as bitcoin offer protection against government-driven inflation, the chess legend argued.
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Lesotho International Striker Sera Motebang Is Set To Leave Royal AM For Chippa UnitedA DStv Premiership switch is on the cards for a striker who is currently on the books of Royal AM as clubs are reinforcing their squads for the second round of the season. SLSiya Read more:
Source: Soccer_Laduma - 🏆 22. / 63 Read more »

These are the 4 top crypto concerns holding back institutional investors, survey saysAt the top of the list is crypto security, which trumped regulatory uncertainty and price volatility, according to Nickel Digital Asset Management.
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Case for quantitative tightening in US growsMinutes from the Fed’s December meeting show officials had discussed shrinking the Fed’s overall asset holdings, and raising interest rates sooner
Source: BDliveSA - 🏆 12. / 63 Read more »

Nigerian oil firms to vie for Shell’s oil assets in the country, sources sayNo international oil companies are expected to take part in the bidding process at this point, the sources say
Source: BDliveSA - 🏆 12. / 63 Read more »