Yatsenyuk spoke about the seizure of Ukrnafta's assets.

by Editor • 05.02.2016 • 0 Comments

Ukrainian Prime Minister Arseniy Yatsenyuk announced the seizure of all assets of the largest oil producing company, Ukrnafta. He claimed this drastic measure was carried out as part of efforts to collect the company's tax arrears.

Yatsenyuk stated that the total amount of the claims is 9,7 billion hryvnias, including penalties for late payments on previous ones. He also noted that in 2015, the company fully repaid its debts for 2011-2014, transferring 632,3 million hryvnias in dividends for 2014 on October 2 and 1,779625 billion hryvnias for 2011-2013 on December 30.

It's worth noting that the state holds a controlling stake in Ukrnafta—50% plus one share. Littop Enterprises Limited and Bridgemont Ventures Limited each hold 13,6%, while Bordo Management Limited holds another 12,9%. The remaining 9,9% is held by other shareholders.

As a reminder, Igor Kolomoisky and Gennady Bogolyubov are members of the company's supervisory board, but their reaction to the seizure of assets has not yet been reported.

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