Son of Ukraine's ex-president says Swiss bank freeze will hit coal exports


  • World
  • Saturday, 01 Mar 2014

KIEV (Reuters) - Switzerland's freezing of bank accounts linked to the family of ousted Ukrainian President Viktor Yanukovich could reduce coal exports from Ukraine, a company owned by his son warned on Friday.

In a statement to Reuters, a Ukrainian conglomerate, the Mako Group, based in Yanukovich's political stronghold Donetsk, in eastern Ukraine, confirmed it was 100 percent owned by Oleksander Yanukovich, a son of the former president. His and Oleksander's foreign assets were frozen by Switzerland, Austria and Liechtenstein earlier in the day.

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