Monday 9 September 2013

Ukranian News - Businessman Kolomoiskyi Offers Leadership Of British JKX Oil & Gas Funding In Exchange For Control Of Ukrainian Assets

Ukranian News - Businessman Kolomoiskyi Offers Leadership Of British JKX Oil & Gas Funding In Exchange For Control Of Ukrainian Assets:

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Privatbank's co-owner Ihor Kolomoiskyi in 2012 offered the leadership of the company JKX Oil & Gas Plc (Britain), which owns oil and gas assets in Ukraine, financial assistance in exchange for control of the main asset of the company - the Poltava Oil and Gas Company, which is one of the largest private producers of oil and gas in Ukraine.
This is evidenced by a British High Court decision dated August 30 in a dispute between JKX and Eclairs Group Limited (British Virgin Islands).
According to the document, JKX Oil & Gas ran into financial problems in 2012 and was unable to count on raising funds from conventional sources.
The executive director of JKX Oil & Gas, Paul Davies, went to meet with Kolomoiskyi in Monaco in August 2012 to discuss into the possibility of financing the company through PrivatBank."

'via Blog this'

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