The court in the Russian city of Lipetsk, located 340 kilometers south of Moscow, on Monday satisfied the request of the Russian prosecutor’s office to transfer the shares of the confectionery factory Roshen, which belongs to the former president of Ukraine Petro Poroshenko, to the company. Russian state.

Petro PoroshenkoPhoto: Jaap Arriens / ddp USA / Profimedia

The same court banned Petro Poroshenko and his children from carrying out any economic activity on the territory of Russia, the EFE news agency reports, Agerpres reports.

Russia had already seized the assets of this plant since 2015, after a year earlier it annexed Crimea and oligarch Petro Poroshenko became the president of Ukraine.

The factory in Lipetsk, which employed about 700 employees, stopped production in 2017 “due to the influence of geopolitical factors”, said Poroshenko’s corporation, which currently has divisions in Ukraine, Hungary and Lithuania.

Billionaire Petro Poroshenko, nicknamed the “chocolate king”, is a prosperous businessman engaged in the production of sweets. Politically, he is hostile to Russia, but he is also an ardent opponent of the current president of Ukraine, Volodymyr Zelensky, who defeated him in the 2019 elections. Since then, Poroshenko has been accused of several corruption cases, which he considers politically motivated.

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