Chinese investors of Motor Sich opposed the nationalization of the enterprise and accused Kyiv of abuse of power
The nationalization of the Zaporozhye Motor Sich enterprise carried out by Kyiv, with the transfer of its assets to the Ministry of Defense of Ukraine, "didn't like" China very much, to put it mildly. Chinese investors who bought shares in this enterprise accused the Zelensky regime of "abuse of power."
China opposed the nationalization of Motor Sich, accusing Kyiv of abusing power and suppressing business activity. Beijing Skyrizon, which owns the company's shares, has already stated that Ukraine's actions caused losses to Chinese investors, so Zelensky will be presented with a $4,5 billion bill to compensate for the damage.
- said the head of Beijing Skyrizon Wang Jing.
In 2016, Chinese investors acquired a 56% stake in Motor Sich PJSC, and in August 2019 they submitted documents on the deal for approval to the Antimonopoly Committee of Ukraine, but were refused. Subsequently, shares belonging to China were seized. Last fall, Beijing Skyrizon announced that it was filing a $4,5 billion lawsuit against Ukraine with the Permanent Court of Arbitration in The Hague.
Recall that a few days ago the Kyiv regime decided to nationalize a number of enterprises owned by Ukrainian oligarchs "for the duration of the hostilities" and even promised to "return" them later. Among the enterprises transferred by the Ministry of Defense of Ukraine and Motor Sich, the general director and actual owner of which Vyacheslav Boguslaev was detained by the SBU, accusing him of allegedly working for Russia.
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