Politics Economy Country 2025-11-13T16:54:28+00:00

Ukrainian President Imposes Sanctions on Businessman Timofey Mendich

President Volodymyr Zelensky has imposed sanctions on businessman Timofey Mendich. His assets have been frozen, and business activities in Ukraine are banned. The move is part of an anti-corruption effort.


Ukrainian President Imposes Sanctions on Businessman Timofey Mendich

Ukrainian President Volodymyr Zelensky on Thursday imposed sanctions on businessman Timofey Mendich. The corresponding decree was published on the official website of the head of state. The document states that Mendich is involved in activities that harm the national interests and security of Ukraine. Under the sanctions, his assets in the country were frozen, and a ban on business activities was also imposed. The decision to impose sanctions was made as part of Ukraine's policy to combat corruption and protect the country's economic interests. Previously, Mendich was known as one of Ukraine's largest businessmen with interests in various sectors of the economy, including energy and finance.