A secret Ukrainian court ruling has for the first time exposed exactly how former President Viktor Yanukovich stole $1.5 billion from the country. It has also revealed that President Petro Poroshenko’s former financial advisers played a role in the fraud, embarrassing the government.
The court order exposed in graphic detail the intricate company network used to steal the money, naming Investment Capital Ukraine (ICU) as brokering bond purchases made by Cypriot companies worth $1.5bn between 2012 and 2014.
ICU has close links with the current government, having advised billionaire President Poroshenko on the sale of his confectionary company Roshen.
The court ruling can be read here in Ukrainian and here in English.
Al Jazeera Investigations has obtained a confidential Ukrainian court document detailing how former President Viktor Yanukovych stole $1.5bn.
Aljazeera’s Investigative Unit unravels a high-stakes international plot hatched by powerful Eastern European oligarchs to make millions of dollars from a crooked deal.
