Ukraine: Ferrexpo charity probed on possible money-laundering

Ukraine is investigating whether a charitable foundation set up primarily to coordinate London-listed Ferrexpo Plc’s philanthropic activities was used to launder money and evade taxes. Officials of Blooming Land Charitable Foundation abused their powers to seek “illicit benefits”, damaging state interests, a Ukraine prosecutor said in a court filing in Kyiv in February. Blooming Land…

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