The two Radialna 5 properties, with Poroshenko's empty lot at the top and Kononenko's mansion at the bottom

Radio Free Europe: Questions Raised Over Poroshenko's Role In Valuable Kyiv Land Deal

KYIV -- An investigation by RFE/RL shows that Ukrainian leader Petro Poroshenko may have used his presidential influence to shut down investigations into a land deal aimed at building a private mansion on a historic site in the Ukrainian capital.

Two reports broadcast on RFE/RL's Ukrainian-language television program, Schemes, reveal that over the course of seven years, Poroshenko quietly appropriated more than a hectare of protected land in Kyiv's elite Pechera district and recently quashed an inquiry into the damage of an 18th-century structure caused by construction work on his plot.

WNU Editor: Not surprising .... the Russian press is pouncing on this story .... Abuse of Power: Ukraine's Poroshenko Exposed in $25 Mln Land Deal Cover-up (Sputnik). What's my take .... past Ukraine leaders always used their positions to enrich themselves and their allies/friends, Ukraine President Poroshenko is just continuing this long tradition. This Radio Free Europe report is also just the tip of a very big story .... the collapse of the Ukraine economy and its currency has made everything cheap in the country .... and those with money (both inside and outside the country) are now buying up everything at a fraction of what it would have cost them just 2 years ago. Case in point .... I have mentioned more than once in this blog that there is home and property in Odessa that I have always had my eye on .... it went on the market a few months ago at 50% below what it would have cost me a few years back. No .... I did not buy it .... Canada is now my home .... but it was tempting. It was also a sign to me on how undervalued everything in Ukraine has become and how the Ukraine's rich oligarchs (Poroshenko included) are going to become even more richer when this crisis has passed.

Post a Comment