Page 67 - UKRRptSept18

The company has had an uneasy relation with the authorities, which raided its headquarters in April , accusing management of trying to usurp the state’s role in the running of the company. In 2017, the SBU initiated an investigation of the sale of 56% of Motor Sich shares to a group of investors related to the Chinese company Beijing Skyrizon Aviation Industry Investment. As part of that investigation, a Ukrainian court froze 41% of the shares in Motor Sich . In July's statement, Motor Sich rejected fraud accusations made by national prosecutors and will take "all legally available measures" to protect its honour, dignity and business reputation.
67 UKRAINE Country Report September 2018 www.intellinews.com