Yanukovych's son is selling coal from occupied territories to "respectable" European countries.

The son of former Ukrainian President Viktor Yanukovych, Oleksandr Yanukovych, who, like his father, currently resides in Russia, is reportedly earning billions of rubles through companies close to him by selling coal from Ukrainian territories occupied by Russia.

Source. This information comes from an investigation by the publication "Important Stories," as referenced by Deutsche Welle.

Journalists have found that in 2023-2024, entities linked to Yanukovych Jr. exported nearly half a million tons of coal from Russia. Payments for the raw material were directed to offshore accounts in the British Virgin Islands, while the coal itself was shipped to Turkey and other countries.

Before 2022, among the buyers of coal from "Energoresurs" were Bulgaria, Estonia, the Czech Republic, and Romania. From 2021 to 2023, the company generated 3.5 billion rubles in revenue, as calculated by the journalists.

A key player in this scheme is the company "Energoresurs," registered in Rostov-on-Don, which receives coal for export from firms in the Donetsk region, according to the investigators.

Among its suppliers are the Trading House "Donkiye Ugli," RTC "Vostokugol," and the mines "Komsomolets Donbassa," "Zhdanovskaya," "Impex-Don," and others.

The former subordinates of Oleksandr Yanukovych, Oleksiy Ivanov and Pavlo Zemlyakov, are listed as the owner and director of "Energoresurs."

Ivanov has worked in various legal firms associated with him, while Zemlyakov was involved with the Donetsk Calculating and Financial Center, which Ukrainian media have also linked to the former president's son. In 2023, "Energoresurs" secured a loan of $7 million at 1% annual interest from the Cypriot company Sl Holdings Limited, owned by another subordinate of Yanukovych from the "MAKO" holding, Eduard Slynko.

Due to European Union sanctions over the past three years, the coal from "Energoresurs" primarily goes to Turkey, where it is delivered by rail and sea transport. The recipient is a company named Energy Union, registered in the British Virgin Islands.

"Energoresurs" sells coal to them at a modest price—an average of 5,700 rubles per ton in 2024.

"The low price allows for savings on export duties, and then Energy Union can sell it anywhere at any price. This scheme only makes sense if these companies are affiliated," the investigation states.

Background. Meanwhile, it is worth noting that journalists have investigated who was responsible for the explosion the day before in Moscow involving former Yanukovych associate Armen Sarkisyan.