Monday 31 March 2014

Ukraine wants to regain control of Odessa refinery - minister | Reuters #EuroMaidan

Ukraine wants to regain control of Odessa refinery - minister | Reuters:



"The Kiev government wants control of the Odessa oil refinery to return to Ukrainian hands, interior minister Arsen Avakov said on Monday.



Russian newspaper Kommersant said earlier this month that the refinery's previous owner, Vetek, transferred the plant to Russia's VTB bank after failing to repay the loan which it had received to buy it from Lukoil last year.



Avakov said the refinery was now controlled by a Russian bank, which he did not name.



Vetek is owned by tycoon Serhiy Kurchenko who amassed a large fortune under the presidency of Viktor Yanukovich, who was removed from power last month.



Ukraine's prosecutor general issued a warrant for Kurchenko arrest earlier this month, on suspicion of stealing state property."



'via Blog this'

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