Feedback

Ukraine will launch system to monitor oligarchs' activities

Source : 112 Ukraine

The monitoring system is due to be launched by September 7
19:50, 16 July 2021

Defense Secretary Oleksiy Danilov
Global Look Press

President of Ukraine Volodymyr Zelensky instructed the National Security and Defense Council to complete the work on monitoring the oligarchs’ activities by September 7. This was stated by Defense Secretary Oleksiy Danilov during a briefing.

"President instructed the National Security and Defense Council, members of the Defense Council, Antimonopoly Committee, Security Service of Ukraine, and all central executive bodies to prepare a draft monitoring system for those we are used to calling oligarchs by September 7," Danilov said.

In particular, the Defense Council Secretary added that the project is due to be prepared before the opening of the new session of the Verkhovna Rada.

Related: Bill on oligarchs - only first part of series of legislative acts,- Danilov

On July 1, Ukrainian Parliament has supported the draft law on de-oligarchization in Ukraine. According to the document, a person can be recognized an oligarch by the decision of National Security and Defense Council. The respective appeals can be filed by the Cabinet of Ministers, National Bank of Ukraine, Security Service or the Anti-Monopoly Committee of Ukraine. Such people will be added to the official register of oligarchs who are now also called "individuals with significant economic or political weight in political life.

In order to be recognized as an oligarch, a person must meet three of the four following criteria: participation in political life; considerable influence on media outlets; ownership of a monopoly; owning the confirmed value of assets that exceeds UAH 2,270,000,000 (USD 840,000).

Related: Ukraine's Anti-Corruption Bureau comments on Zelensky’s deoligarchization bill

Topics:
Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

Comments
see more