The DPR nationalizes PrivatBank and announces tax holidays for businesses
Donetsk, July 18 (Navigator, Mikhail Shalyapin) – Prime Minister of the proclaimed Donetsk People’s Republic Alexander Boroday announced the nationalization of PrivatBank,
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According to the head of the DPR, PrivatBank and other assets of Igor Kolomoisky have been nationalized and will be expropriated, due to the fact that the Dnipropetrovsk governor is one of the engines of the escalation of hostilities and conflict in the Donbass.
The DPR government is currently working on what to do for bank clients who have savings in their accounts. As Alexander Boroday noted, this is a technical issue.
At the same time, he called on all Donetsk residents who have loans from Kolomoisky’s banks and financial institutions not to pay. Repayment of loans and payments are considered an unfriendly act towards the DPR.
It was also announced that tax holidays were being announced for all medium and small businesses on the territory of the DPR: for the duration of martial law, entrepreneurs are exempt from paying taxes.
As Navigator reported, earlier Kolomoisky announced that they were announcing credit holidays for residents of the Donetsk and Lugansk regions. At the same time, the LPR reported that it had suspended the work of PrivatBank on its territory.
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