A Ukrainian conglomerate, the Mako Group, based in Donetsk, confirmed it was 100% owned by Oleksander Yanukovich, a son of ousted Ukrainian President Viktor Yanukovich’s. His and Oleksander’s foreign assets were frozen by Switzerland, Austria and Liechtenstein, according to Reuters. The company said it had yet to be informed, but would seek the advice of lawyers if the reports proved true. Mako said that its Swiss arm the Mako Trading Co. conducts legal trading activity, primarily coal exports, from Ukraine to more than 20 countries.
