How much money did the Yanukovych family have?

How much money did the Yanukovych family have?

Overall, the Family amassed about $12 billion in wealth, estimates Anders Aslund, a prominent Swedish-American economist who specializes in the former Soviet Union. The Family’s business operations were far-reaching and eventually encroached on sectors traditionally dominated by Ukraine’s other entrepreneurial power brokers.

How did Yanukovych respond to the Maidan protests?

Yanukovych responded by enacting a series of anti-protest measures that were hastily repealed by the parliament after two demonstrators were killed in clashes with police in January 2014. Protests spread to eastern Ukraine, traditionally Yanukovych’s stronghold, and violence in the Maidan escalated dramatically.

Where does the last name Yanukovych come from?

Yanukovych is of Russian, Polish, and Belarusian descent. Yanukovych is a surname of Belarusian origin; Yanuk being a derivative of the Catholic name Yan (“John”). His mother was a Russian nurse and his father was a Polish-Belarusian locomotive -driver, originally from Yanuki, in the Dokshytsy Raion of the Vitsebsk Voblast in present-day Belarus.

Who was known as Yanukovych’s wallet in Ukraine?

After Yanukovych gained power, Kurchenko became known as a wunderkind financial genius. He later was referred to as “Yanukovych’s wallet.” Kurchenko had an array of fictitious firms registered in flats in Kharkiv and Simferopol, whose residents had no idea they were company directors.

Why did Yanukovych go to prison for embezzlement?

Yanukovych used the corruption issue as a political cudgel: Tymoshenko ended up being convicted of abuse of power and embezzlement in connection with a gas supply agreement with Russia in 2009, receiving a seven-year prison term and a $188-million fine. The case was widely viewed by international watchdogs as politically motivated.

When did Yanukovych make a comeback as a politician?

Like many at the time, Manafort considered Yanukovych done as a politician. But Yanukovych, it turned out, was far from done. He made an astounding comeback with the help of Manafort and lots of money, winning the presidency in a fair election in 2010.