Ukrainian billionaire Rinat Akhmetov owns four coal mining operations sprinkled across Appalachia that received loans intended to help small businesses keep workers on payroll during the pandemic. They received a total of $21 million in Paycheck Protection Program (PPP) loans, according to a statement Akhmetov’s company provided to the Project On Government Oversight (POGO).
POGO: How a Ukrainian oligarch’s companies got paycheck protection program loans
Ukraine’s richest billionaire, Rinat Akhmetov, attends a training session in Donetsk on Dec. 4, 2012.
