Bill on status of oligarchs – Zelensky’s new initiative

Oligarchs must no longer be allowed to influence politics, economy, and Parliament, Zelensky

Ukrainian President Volodymyr Zelensky has proposed that a bill be drafted on the status of an oligarch in Ukraine.

That’s according to the president’s televised address aired following a meeting of the National Security and Defense Council on Thursday, an UNIAN correspondent reports.

“I suggested that the National Security and Defense Council and the President’s Office, together with the Antimonopoly Committee, develop a new fundamental bill on the status of an oligarch in our country. This has never happened in Ukraine. I believe this is one of the priorities: what will happen to such people, what sanctions will be introduced, and how oligarchs will be turning into businessmen – because we support big business, any business in Ukraine,” Zelensky said.

The head of state also noted that “the influence of the oligarchs on Ukraine, the country’s choice, economy, laws, and the Verkhovna Rada – this, I believe, must no longer be allowed, therefore a legislative initiative on the oligarchs will be developed.”

Read more on UNIAN:

(c)UNIAN 2021


  • Zelensky is asking a bunch of Oligarchs to write a bill restricting Oligarchs? Why not just have a referendum on the question? Zelensky should know what an Oligarch is by now…

    Liked by 2 people

  • onlyfactsplease

    “…how oligarchs will be turning into businessmen…”
    There will never be an oligarch who will allow himself being forced or talked into using legal means to do “business”. This would be the end of him and his wealth. There is only one thing to do with an oligarch; throw him into the deepest, darkest prison. Well, two … another option is to kill him.

    Liked by 3 people

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