Ukraine: Russia Seizes Leader’s Assets

Roshen, the confectionary company owned by President Petro O. Poroshenko of Ukraine, says that assets of the company worth $39 million in Lipetsk, Russia, where it owns two candy factories, have been seized this week by the Russian authorities, according to a statement by the company.

The company, which has its headquarters in Ukraine, has had legal trouble in Russia since the upheaval last year that toppled President Viktor F. Yanukovych and led to Mr. Poroshenko’s election. The company said Tuesday that the action by the Russian authorities was illegal and that it would fight the seizure in court. “Analyzing the events that are occurring around the Russian assets of the corporation, it is safe to say that the Russian side is deliberately using all possible methods to deny the company the opportunity to sell its assets in the Russian Federation,” it said.

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