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Analysis: Oligarchs switching sides?
Kyiv Post ^ | Nov 29, 2004 | By ROMAN OLEARCHYK

Posted on 11/29/2004 10:52:05 PM PST by Cutterjohnmhb

As of mid-afternoon on Nov. 29, it remained unclear whether Ukraine’s Supreme Court would accept appeals from opposition presidential candidate Viktor Yushchenko, who insists vote fraud robbed him of the Nov. 21 run-off election.

Signs are emerging, however, that factions in Ukraine’s political and business elite who previously supported the candidacy of Prime Minister Viktor Yanukovych are switching sides and putting their chips on Yushchenko.

Citing a statement issued by President Leonid Kuchma’s son-in-law Viktor Pinchuk, opposition television station Channel 5 reported on Nov. 29 that the deputy and business mogul opposes separatist movements in eastern Ukraine that are being spearheaded by Yanukovych and the Donetsk-based tycoons who continue to back him.

Pinchuk is reportedly Ukraine’s second richest man. His assets have been valued at about $3 billion.

Meanwhile, insiders allege that Donetsk-based businessman Rinat Akhmetov continues to back Yanukovych and the separatist movement in eastern Ukraine.

(Excerpt) Read more at kyivpost.com ...


TOPICS: Editorial; Extended News; Foreign Affairs; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: okraine; oligarchs; ukraine

1 posted on 11/29/2004 10:52:06 PM PST by Cutterjohnmhb
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To: Cutterjohnmhb

Yushchenko must have had this planned all along. This is just like that him as a henchman to super evil genius Soros to have cooked this up, along with his sneaky bastard Marxist friends.

Curse you, Yushchenko, you crafty Commie!

/sarcasm


2 posted on 11/29/2004 10:55:09 PM PST by LibertarianInExile (NO BLOOD FOR CHOCOLATE! Get the UN-ignoring, unilateralist Frogs out of Ivory Coast!)
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To: LibertarianInExile
looks a lot like the Soros sponsored velvet revolution in Czechoslovakia and the Soros sponsored Rose Revolution in Georgia.

Georgia on His Mind (George Soros's Potemkin revolution)

A case in point is Eduard Shevardnadze, once the Soviet foreign minister, who was for more than a dozen years invariably described in the West as a stalwart friend of democracy and a liberal, honest fellow. Six months ago, he was ousted as the president of Georgia in a coup led by his young protégé, Mikhail Saakashvili, who is glorying in the same lavish treatment from the State Department and the media. They now paint him as honest, liberal, and democratic, while Shevardnadze is Bronx-cheered as corrupt and murderous, a brute who was forced from office by what Saakashvili (with an unerring eye for the sixties-sentimentality of the Western media) dubs "The Rose Revolution."

Late last fall, Saakashvili led thousands of "spontaneous" demonstrators, bused in from around Tbilisi, brandishing flowers as they invaded the president's palace. This was during the freezing Georgian winter when any roses not black and brittle had to be flown or trucked in, courtesy of the same bankroll that funded the fleet of rented buses for demonstrators: that of George Soros, the Hungarian-born billionaire and egotist. A former member of the Georgian Parliament said that in the three months before the "Rose Revolution," "from August through October, Soros spent $42 million ramping-up for the overthrow of Shevardnadze."

or in other word...bleat.

3 posted on 11/29/2004 11:11:16 PM PST by Once-Ler (God Blessed America Again!)
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To: LibertarianInExile

there is a definete split going on dec 5th is the Donets referendum whatever happens. Dec 12 th is the 9 region referendum of south-east if Yanukovich is annuled as president-elect. Every day that the protests are happening and the country is without a recognized president there is growing collaberation in south-east establishing infrustructure for the new autonomy or if need be country.


4 posted on 11/30/2004 12:00:19 AM PST by eluminate
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To: Once-Ler

Gosh, it sounds just like what you've had to say.

It doesn't deny anything that's been said about Shevardnadze in the press. It doesn't deny anything said about Yushchenko in the press. Just puts Soros' name in the mill as if that proves the guy protesting rampant cheating in the election is evil.

Whatever.


5 posted on 11/30/2004 12:28:12 AM PST by LibertarianInExile (NO BLOOD FOR CHOCOLATE! Get the UN-ignoring, unilateralist Frogs out of Ivory Coast!)
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To: LibertarianInExile
It doesn't deny anything that's been said about Shevardnadze in the press. It doesn't deny anything said about Yushchenko in the press. Just puts Soros' name in the mill as if that proves the guy protesting rampant cheating in the election is evil.

Just curious, did you not read the article because you didn't want to, or you were unable? Whatever right back at cha.

6 posted on 11/30/2004 12:34:49 AM PST by Once-Ler (God Blessed America Again!)
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To: Once-Ler

I read it. You can't turn aside my statements by trying to insinuate I didn't, because I'm correct in my assertions here. Demonstrate otherwise.


7 posted on 11/30/2004 12:50:16 AM PST by LibertarianInExile (NO BLOOD FOR CHOCOLATE! Get the UN-ignoring, unilateralist Frogs out of Ivory Coast!)
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To: LibertarianInExile
I read it. You can't turn aside my statements by trying to insinuate I didn't, because I'm correct in my assertions here. Demonstrate otherwise.

I've had some fun at your expense LibertarianInExile. Maybe I was the only one who had fun. Arguing for the sake of arguing is a guilty pleasure of mine, so even if you made a valid argument once I get going I make my most agressive case without surrendering ground. I'm not saying I was untruthful but I don't advertise that I'm "fair and balanced." We are not going to agree and I find myself getting angry and having less and less fun. Rather than writing something I will regret, I concede. I feel like my discussions with you have deteriorated to a level beneath pointless. If you feel that you are excelling in this debate and nearing the knockout punch then feel free to send me another post. Let me commend you on your fortitude and wish you a good night.

8 posted on 11/30/2004 1:19:15 AM PST by Once-Ler (God Blessed America Again!)
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To: Cutterjohnmhb; Once-Ler; LibertarianInExile
Oligarchs hedge bets as political fortunes swing - By Stefan Wagstyl and Tom Warner in Kiev
Published: November 30 2004 19:57 | Last updated: November 30 2004 19:57

Viktor Pinchuk, the son-in-law of Ukrainian president Leonid Kuchma and head of a metals-to-media business group, knows the way the political winds are blowing. Before the country's disputed presidential elections, ICTV, his main television channel, backed prime minister Viktor Yanukovich, Mr Kuchma's candidate for the post.

Now ICTV is broadcasting more objective coverage of the political crisis with reports of Mr Kuchma and Mr Yanukovich's comings and goings balanced with the latest news from opposition leader Viktor Yushchenko.

Mr Pinchuk has not changed sides. But he is hedging his bets and, like many business people, he wants stability - both for the country and for a business empire critics say was built in murky circumstances. Until the election, he believed Mr Yanukovich offered the best prospect of a stable future in the form of a de facto extension of Mr Kuchma's rule. But since the disputed polls the situation has changed - and so have Mr Pinchuk's views.

"Yanukovich and Yushchenko must compromise. For example, one can be president and the other prime minister," says the 43-year-old Mr Pinchuk, in an interview in his elaborately furnished office on the top floor of a modern steel-and-glass block.

"It's a tragedy that there's no culture of compromise. It's like a football match. It's the championship. The winner takes it all. If there's no winner at full-time, the game goes into penalties. Well, we are in the penalties right now."

Besides stability, Mr Pinchuk warns the opposition against seeking to expropriate him and others associated with Mr Kuchma.

Mr Pinchuk's comments indicate that the Kuchma camp wants to negotiate ways of sharing power with Mr Yushchenko and his supporters. Mr Kuchma has already conceded the country might need new elections. The issue now is to establish the conditions on which such elections would take place; including the amount of power the new president would have. Business oligarchs such as Mr Pinchuk are particularly concerned to ensure that a Yushchenko victory would not be followed by large-scale expropriation of those who profited from acquiring state assets at low cost during Mr Kuchma's rule.

However, not all oligarchs have backed away from Mr Yanukovich.

Rinat Akhmetov, the richest man in Mr Yanukovich's home territory of Donetsk, told the FT this week that he stood behind his man. Yesterday in parliament, Grigory Surkis, a logging baron and an MP, conspicuously sat on the ministerial bench instead of his normal seat with his faction.

Mr Pinchuk, a Russian-speaker of Jewish origin, made his fortune by linking up in the late 1980s with the managers of Ukraine's largest steel-pipe plant which he bought and turned into the cornerstone of a diversified group. His business interests developed in parallel with a relationship with Mr Kuchma's only daughter, whom he later married.

Mr Pinchuk was not alone in acquiring wealth with the help of political connections in the 1990s. Others include Yulia Tymoshenko, now one of Mr Yushchenko's most vocal and visible aides, who made a fortune from gas trading. Mr Pinchuk says: "The Yushchenko circle should say: 'We were all robber barons. And now we should all co-operate.' "

Mr Pinchuk, a member of parliament, argues that the best way forward now would be to implement constitutional reforms that would transfer considerable powers from the president to parliament. He and other allies of Mr Kuchma have proposed such reforms in the past, when they were seen as a method for Mr Kuchma to stay in power.

Unable to stand for a third term as president, he could have moved to parliament and become prime minister.


George Soros: I would like to say one thing that makes me anxious. I am hopeful that everything will be fine with the elections and that there will not be any problems with exit polls and all will be free and fair. However, will these elections have vital importance? From the standpoint of the constitutional reform, it becomes more complicated as a subject for understanding. And I can see one specific proposal that concerns the transition from presidential to parliamentary democracy. This kind of transition as such is worth supporting in all possible ways because democracy ripens and there are numerous factors that prove the necessity of implementing parliamentary democracy in Ukraine instead of the presidential kind.

...

George Soros: Formation of open society does not depend completely on the outcome of elections. These results will not play an important role if amendments to the Constitution are adopted.

...

Q: "Do you expect any surprises from the presidential election in Ukraine?"

George Soros: "The situation is too intricate, and I can't claim that I grasp it well. What I can say is that in case the constitutional reform succeeds, the presidential election won't matter much. - LINK



Pinchuk (Kuchma's son in law), Soros and
Olena Franchuk (Kuchma's daughter)

Soros, Pinchuk to create legal aid foundation in Ukraine - Kyiv, April 1 (Interfax - Ukraine) - Prominent American businessman George Soros and MP of Ukraine's Verkhovna Rada Viktor Pinchuk are planning to set up a joint fund rendering legal aid to citizens in Ukraine, Soros said at a solemn reception in Kyiv on Wednesday evening.

He said that this is practical and constructive result of his visit and thanked Pinchuk for agreement to become his partner in such fund creation.


"Mr Yushchenko has pledged to review the controversial privatisation of Kryvorizhstal, Ukraine's biggest steel mill, which was sold to Mr Pinchuk and Mr Akhmetov earlier this year for $800m (€604m, £424m), far less than foreign bidders were prepared to offer." - LINK
9 posted on 11/30/2004 4:55:58 PM PST by Tailgunner Joe
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To: Tailgunner Joe

Thanks for the info


10 posted on 11/30/2004 11:23:22 PM PST by Once-Ler (iconoclast says "He lives in Madison, WI. No wonder he thinks Bush is a conservative!")
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