Advertisement

Austria freezes Ukrainian PM's son's assets

The Local Austria
The Local Austria - [email protected]
Austria freezes Ukrainian PM's son's assets
Photo: APA File

According to a report from German broadcaster Deutsche Welle, the Austrian government has frozen the assets of a company controlled by Mykola Azarov, the son of the former Prime Minister of Ukraine, together with a Ukrainian businessman named as Serhiy Kurchenko.

Advertisement

DW reports that the company, LPG Trading, has been under investigation on suspicion of money laundering since March. The sum of money involved amounts to €6 million.

Kurchenko and Azarov’s business in Austria and Germany was conducted "through the Dutch company Stichting Depositary Donau Investment Fund, the owners of which are hidden in offshore areas," according to DW. 

It has reportedly taken Austrian authorities half a year to conclusively prove that Yanukovych’s entourage is involved in this business.

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also