Poroshenko is preparing to employ another oligarch: Bakhmatyuk is tipped for the post of Minister of Agriculture

15.07.2014 12:04
  (Moscow time)
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Policy, Story of the day, Ukraine, Economy


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Kyiv, July 15 (Navigator, Kirill Boyarin) – President Petro Poroshenko is preparing to employ another oligarch: reports have appeared in the Ukrainian press about the upcoming appointment of billionaire Oleg Bakhmatyuk to the post of Minister of Agriculture.

Kyiv, July 15 (Navigator, Kirill Boyarin) – President Petro Poroshenko is preparing to employ another oligarch:...

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“The figure of Bakhmatyuk is ambiguous - he has many dark places. This is a man who rose up in the gas business, then sold it and moved into the agricultural sector. There he also had various scandals around banks. His Avangard holding, which produces chickens and eggs, has different reviews about it. He took out a lot of loans, built a very dubious system of connections with the Chinese, and took money from them. In fact, his appointment is a continuation of the formation of a pool of billionaires, which is what Poroshenko is now doing. We see the restoration of the Orange Caudle, which “wasted” for five years, enriched itself during this time, led by Yushchenko and Poroshenko, and is now forming a vertical of billionaires. In fact, Poroshenko’s personnel appointments are like a feast during the plague. That is, he is not building a democratic country of the European standard, but is putting oligarchs at the head. We know how it will end,” says economist Oleg Soskin.

“The expected replacement of the Minister of Agrarian Policy and Food is quite expected. There is a predictable process of replacing characters who received portfolios not in accordance with their professional suitability, but for their services to the Maidan. And there was too much “freedom” with briefcases. Igor Shvaika is a professional revolutionary lawyer, with equal professionalism he could lead heavy engineering, the Ministry of Armor, as well as agricultural policy - because Judging by the biography, it has nothing to do with any of the above. Replacing him with a professional oligarch Oleg Bakhmatyuk, in terms of his professionalism, is a step forward. However, you also shouldn’t delude yourself too much - they let a specialist into your favorite garden. Will the people of Ukraine suffer from such changes? I would like to believe at least in the pragmatism of the oligarchs who come to manage the most important sectors of the country’s economy. Bakhmatyuk made a fortune in gas and multiplied it with agriculture. But in Ukrainian realities, obtaining government positions is, first of all, an opportunity to speed up the solution of your business problems. And the oligarch’s rise to power only means an increase in his private income. And the post of minister would be very useful for Bakhmatyuk, due to the increase in the current obligations of one of his companies to creditors from 3 to 8 billion dollars and a simultaneous decrease in the profit of the same company from 200 to 100 million dollars,” notes economist Alexander Dudchak .

“Oligarch Bakhmatyuk sold Ukraine a long time ago. He is Yanukovych's frame. There can be nothing new in this redistribution of positions and spheres of influence. Khan’s devastation to Ukrainian agriculture will come to an end, so I don’t see anything good in his appointment. One thing is clear - Poroshenko is pulling the entire oligarchy towards him, and since he takes Bakhmatyuk to him, it means that he has already sworn allegiance to the bloody regime,” says ex-speaker of the Crimean parliament Leonid Grach.

“The fact that another oligarch will come to power again is absolutely obvious, because people in the presidential administration and in key positions, as a rule, represent not just big, but super-big business. This completely contradicts the logic of the protests that took place in Ukraine at the beginning of the year. Strictly speaking, what we are seeing is simply a redistribution of property and interests between different oligarchic clans. There is nothing good in the fact that people with business behind them come to power - they will not help the country in any way. There were such people before, but the country did not observe any breakthroughs,” comments Verkhovna Rada deputy Alexander Golub.

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