A longtime Russian business associate of American tobacco giant Philip Morris International Inc - a billionaire whose holdings have included a major stake in a weapons plant supplying Russia's military - has been sanctioned in Europe.
Sanctioned weapons mogul who supplied Russia s troops has ties to Philip Morris today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.
Ukraine, within the framework of a memorandum with the International Monetary Fund (IMF), pledged to pass legislation on the financial and operational independence of the Antimonopoly Committee of Ukraine (AMCU), as well as on the transparent, competitive and protected from political interference appointment of the head of the committee and state commissioners.
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Two years after Ukraine’s antitrust agency slapped giant tobacco players with a record $256 million in fines, the state budget will not be adding anything to its coffers.
On June 1, the Supreme Court of Ukraine, the country’s highest judicial body, ruled that allegations Imperial Tobacco Ukraine had acted in violation of anti-monopoly legislation were groundless, overturning the $17 million fine imposed by the Anti-Monopoly Committee of Ukraine (AMCU).
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