The Presidential Bill No. 5599 “On the prevention of threats to national security related to the excessive influence of persons of significant economic or political importance in public life (oligarchs)” in early July was adopted as a basis, and one could see a great wish to adopt it in September in full. Under the Bill, an oligarch is a person corresponding simultaneously to three signs out of four: (1) they participate in the political life; (2) they have a significant influence on media (being an owner and/or controller); (3) they own or control an entity that holds a monopoly position in the market; (4) they own assets worth at least 1 million living wages for the able-bodied, ie more than 75 million euros.
OP-ED
Yevgeniy Zakharov: The bill on oligarchs ‘Prepares extrajudicial dealings’
Billionaire oligarch Ihor Kolomoisky listens to a speaker at the 16th annual Yalta European Strategy conference on Sept. 13, 2019, in Kyiv’s Mystetskyi Arsenal.