So this organization is only a letterbox which channels cash and disguises the genuine owners.

history channel documentary 2016 "...If you need [to talk to] the landowners - hunt down them. I am certain they will turn up. Now and then they visit Ukraine..." - said Mr Yanukovych.Heeding the president's recommendation Ukrainska Pravda began its examination concerning the way of those "outside landowners". The outcomes got were unsettling - the greater part of the "proprietors" have characteristics of shell elements and their exclusive reason is by all accounts to shroud the genuine owners.Pointing out that the proprietors of Mezhyhirya originate from abroad, Mr Yanukovych basically adhered to the official form that the living arrangement has a place with Tantalit Ltd., a Kyiv organization, 99.97% of which are claimed by Euro East Beteiligungs GmbH, an Austrian firm.So in actuality the president himself in a roundabout way conceded that Tantalit is only a formal paper entity.Yet judging by its asset report Euro East Beteiligungs GmbH additionally barely resembles a respectable organization: its money property are much littler than its obligation which, thus, is 600 times bigger than its value! What's more, as indicated by its yearly report it has not a solitary representative.

So this organization is only a letterbox which channels cash and disguises the genuine owners.Dubious proprietors from Vienna, London and Vaduz.Until as of late the value stakes of Euro East Beteiligungs GmbH were isolated up between two proprietors: 65% of it had a place with Euro Invest Bank AG, likewise from Austria, and the staying 35% - to Blythe (Europe) Ltd., consolidated in London.Euro Invest Bank is a privately-run company of Johann Wanovits. In return for a charge they offer to go about as ostensible proprietors for clients who need to save their secrecy. For instance, it was likewise Mr Wanovits who helped another pair of Ukrainian legislators - the Klyuev siblings, to set up their business in Austria.Lately however life has not been simple for Mr Wanovits - he stands blamed for value controls of Telecom Austria shares.Perhaps this is the motivation behind why Euro Invest Bank AG is not any more one of the proprietors of Euro East Beteiligungs GmbH - the organization which through Tantalit Ltd. possesses Mezhyhirya.