Sanctioned Russia is more attractive for investment than Ukraine “free” from oligarchs – The Guardian

Vasily Ablyazimov.  
22.07.2015 21:01
  (Moscow time), Kyiv
Views: 974
 
Kiev, Corruption, Society, Policy, Russia, Ukraine, Finance, Economy


“A corrupt government with a wealthy elite sparked the Maidan revolution, but the transparent governance promised by Ukraine’s new leaders is proving difficult to create,” writes the British newspaper The Guardian. “In Ukraine, supporters of the government, Western diplomats and representatives of the opposition, when asked how the process of de-oligarchization is going, respond with loud laughter.”

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The British publication writes: “Unlike Russia, where the term “oligarch” would be a misnomer since Vladimir Putin stripped them of real political power more than 10 years ago, in Ukraine the oligarchy has remained in its true sense - that is, a group of somewhat extremely wealthy people who wield enormous power and influence in politics.”

“The revolution of last February was caused in large part by the uncontrolled corruption of Viktor Yanukovych and his associates. Many protesters wanted to establish a new type of society without the oligarchs in power, who have had enormous influence in Ukraine ever since independence.”

In comments to The Guardian in April, Poroshenko stated emphatically that he was determined to fight the oligarchs to “prevent the unwanted influence of private interests on the country’s destiny.”

The Guardian is forced to state: de-oligarchization has not been carried out, the oligarchs, albeit to a lesser extent, influence politics, Petro Poroshenko himself, the billionaire who founded the chocolate business, is not going to sell it. The publication summarizes that because of the oligarchs, Ukraine is less attractive for foreign investment, even than sanctioned Russia.

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