• Ukraine’s Naftogaz strikes again at Gazprom

    Naftogaz of Ukraine has managed to have the accounts of GazAsia Capital S.A., the company that placed Gazprom’s yen-denominated eurobonds, frozen, Interfax reports, citing a memorandum on the Russian company’s new eurobond placements.

    GazAsia Capital S.A. is an SPV company, created for a specific purpose. Through it, Gazprom placed 10-year bonds for 65 billion yen (approximately $595 million) in December last year. Now, GazAsia does not have the right to make payments to Gazprom, Lenta.ru …

  • Russia’s Gazprom sues EU for loss of Nord Stream 2 capacity

    Nord Stream 2 AG, the Swiss subsidiary of the Russian company Gazprom, has taken the EU government to court regarding the gas legislation amendments that prohibit the Russian company from using more than 50% of the capacity of the Nord Stream 2 gas pipeline.

    As reported by Interfax, Gazprom informed potential investors about the start of the litigation through a memorandum on the placement of Swiss franc-denominated eurobonds that is scheduled to take place in mid November.

    Gazprom believes …

  • Seven National Bank of Ukraine employees arrested for embezzling $48 million

    Staff from the National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) in Kyiv have arrested seven people in connection with the refinancing of VAB Bank, the NABU’s press service reported on Facebook.

    “These are former and current officials from the National Bank of Ukraine, PJSC VAB Bank and private companies linked to the ultimate beneficiaries of VAB Bank,” the report states.

    The bureau noted that the suspects are believed to have …

  • US Ambassador to Ukraine: I have warned Zelensky repeatedly that Kolomoisky could cause him to fail

    US Chargé d’Affaires in Ukraine William Taylor said that he has warned Ukrainian President Volodymyr Zelensky on multiple occasions that the harmful influence of the oligarch Ihor Kolomoisky could lead to his downfall. Taylor spoke about this on October 22 during closed hearings related to the impeachment of US President Donald Trump.

    “The influence of one particular oligarch over Mr. Zelensky is of particular concern. This person is Kolomoisky, and Kolomoisky has growing influence,” said …

  • Ukrainian war veteran detained in Poland: Interpol gave in to pressure from Russia and blacklisted us

    The Ukrainian war veteran Ihor Mazur, who was arrested in Poland and recently released on bail, believes that Interpol “gave in” to pressure from Russia and included persons wanted in Russia in its database.

    “I don’t think that someone ratted me out. It’s more likely that, in the last few months, Russia started actively working on an international level and, unfortunately, just like Denmark gave in and authorized the construction of Nord Stream 2, so somewhere Interpol gave in and decided to …