Ukraine’s largest commercial bank was “object of large scale and coordinated fraudulent actions”.
IMF says draft law on setting up the long-awaited anti-corruption court is not compliant with its demands, putting further funding in doubt.
Russian president Vladimir Putin will spend the maximum allowed on his presidential campaign bid of RUB400mn ($7mn).
Ukraine and Russia are the fastest growing advertising markets compared to their overall economic growth, but they both still lag well behind the more sophisticated media markets in Central and Southeast Europe.
Ukraine’s civil society slated a draft law to establish an independent anti-corruption law submitted to parliament by Ukraine’s President Petro Poroshenko that could result in international donors cutting off their aid to the embattled country.
The corporate war between Russia’s state-owned oil major Rosneft and conglomerate AFK Sistema has come to an end after the two companies announced a $1.7bn settlement on December 22, the day after the heads of the two companies met with Putin
Russia’s sovereign wealth fund Russian Direct Investment Fund (RDIF) set up a new vehicle in December to specifically target tech investments called RDIF Technologies
A UK court has slapped a worldwide freeze on $2.5bn worth of assets of Ukraine’s most powerful oligarch Ihor Kolomoisky and his business partner Gennadiy Bogolyubov