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Ukrainian Businesses Report More Pressure As Raider Attacks Get More Complex

Image by EugeneLoza

Losing land or a company to raiders in Ukraine is still common in 2018, just as it was in the lawless 1990s, when criminal gangs vied with the state to take control of businesses.

Video: Ukrainian Nationalists Take To Streets In Kyiv To Protest Oligarch Corruption

But the modern-day seizure of assets and corporate rights uses much more sophisticated techniques than physical force and intimidation.

Today’s crooks exploit loopholes in legislation, abuse flaws in state registries of ownership rights, and take advantage of pervasive corruption in state bodies and courts — all with the same aim: to wrest a property or business from its legitimate owner…

To read more visit The Kyiv Post

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