Ferrexpo charity funds allegedly flowed through Ukrainian firms, some linked to its then-CEO
OCCRP, citing a forensic report shared with it, says tens of millions of dollars Ferrexpo donated to a Ukrainian charity were not used for their intended purpose.
TLDR
OCCRP reports, citing a forensic report shared with it, that tens of millions of dollars donated by London-listed iron ore giant Ferrexpo to a Ukrainian charity were not used for their intended purpose. According to that report, the funds instead flowed through dozens of Ukrainian companies, some owned or controlled by Ferrexpo’s then-CEO, Kostyantyn Zhevago.
Ferrexpo charity funds allegedly flowed through Ukrainian firms, some linked to its then-CEO
OCCRP, citing a forensic report shared with it, says tens of millions of dollars Ferrexpo donated to a Ukrainian charity were not used for their intended purpose.
TLDR
OCCRP reports, citing a forensic report shared with it, that tens of millions of dollars donated by London-listed iron ore giant Ferrexpo to a Ukrainian charity were not used for their intended purpose. According to that report, the funds instead flowed through dozens of Ukrainian companies, some owned or controlled by Ferrexpo’s then-CEO, Kostyantyn Zhevago.