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A recently published analysis of income and assets has revealed that senior Ukrainian officials have significantly increased their personal wealth over the past two years. The study, conducted by the Ukrainian business news site Ekonomicheskaya Pravda, was based on mandatory disclosures from officials regarding themselves and their family members. A third of the senior officials analyzed by the outlet had reported new major assets, such as vehicles or real estate. The officials have also increased their ownership of liquid assets in the form of cash and bank deposits by roughly a quarter, according to the findings.
However, this may only be the tip of the iceberg. The journalists involved in the study stressed that their figures were likely to be conservative estimates, since many officials are likely to have underreported their wealth. ‘Not all of them follow their duty’ in giving accurate reports, said the outlet. |
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