Acting on a Moscow district court ruling, Russian authorities seized $39 million worth of property belonging to Ukrainian president Petro Poroshenko’s Roshen confectionery in the Russian city of Lipetsk, according to an April 28 company statement.
The latest in a tightening Russian vice on the candy factory since last year’s Ukraine EuroMaidan Revolution, the asset seizure took place on April 24. While Russia is alleging Roshen dodged $3.5 million in taxes, there was no explanation for why property worth more than 10 times that amount was seized.
Kyiv-based political analyst Vitaliy Bala described the probe into Roshen as “directly related” to Russia’s war against Ukraine.
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