Archive for the ‘ukraine’ Category

2013: The Year of the Snake   Leave a comment


RADA conducts due diligence and business intelligence investigations in Russia, Ukraine, Belarus, Poland, Romania, Moldova, Latvia, Lithuania, Estonia, Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.

Russia and Ukraine Do Well in 39th World Chess Olympiad   Leave a comment

With 20 points under its belt, Russia is first on the women’s side of the 39th World Chess Olympiad, which ended in the oil city of Khanty-Mansiysk in Western Siberia on October 3rd. The triumph is this country’s first of its kind in 24 years. In their closing round, the Russian women routed their rivals from Bulgaria 4-0. One veteran team member is the world champion in women’s chess Alexandra Kosteniuk (pictured):

“This difficult and long-awaited victory is all the more heartening for the brilliant score of the Russian team. This is my sixth Olympiad and probably the best in terms of team spirit and mutual support. This helped the team overcome setbacks and come out on top in the end.”

Yuri Dohonian is the team’s top coach: “Indeed, there were unfortunate setbacks, suggesting the girls could have performed even better. Their team is a formidable force, which is second to none in women’s chess.”

Contrary to expectations and in spite of spectacular initial progress at the Olympiad, the Russian men came second to their rivals from Ukraine. Their captain Yevgeni Bareyev attributes this to unexpected strength shown by Spain. A Spain-Russia match ended in a 2-2 draw, giving the best count to the Ukrainians.

Russia and Ukraine Agree on Natural Gas and Port of Sevastopol   Leave a comment

Russian President Dmitry Medvedev and Ukrainian President Viktor Yanukovych announced an agreement ending years of animosity between the two former Soviet republics at the end of a one-day summit in the eastern Ukrainian border city of Kharkiv.

Russia agreed to a 30 percent drop in the price of natural gas sold to Ukraine, in exchange for permission to extend Russia’s lease of a major naval base in the Black Sea port of Sevastopol, Ukraine, for 25 years.

The agreement may bring an end to years of disputes over natural gas prices, which culminated in Russia turning off the pipeline to Ukraine.

Ukraine and Russia had been at odds ever since the “Orange Revolution” swept Yanukovych’s anti-Russian predecessor Viktor Yushchenko to power in 2005.

Throughout his time in office, Yushchenko repeatedly threatened to expel Russia’s Black Sea Fleet from Sevastopol. The Russian military lease there was scheduled to expire in 2017.

The Kremlin-friendly Yanukovych, who hails from predominantly Russian-speaking eastern Ukraine, trounced Yushchenko in national elections in January.

The Russian president said the new deal added a “concrete and pragmatic dimension,” to centuries of relations between Ukrainians and Russians.

Happy Easter 2010!   Leave a comment

Happy Easter!

Христос Воскресе! Воистину Воскресе!

Yanukovich Inaugurated as Ukrainian President   Leave a comment

KIEV, UKRAINE: 25.FEB.2010: Viktor Yanukovich vowed to steer Ukraine on a course between Russia and the west as he was sworn in as Ukraine’s president today.

”Ukraine will choose such a foreign policy that will allow the state to get the maximum results from the development of equal and mutually advantageous relations with Russia, the European Union, the US and other governments,” he said at his inauguration ceremony in the country’s parliament.

He went on to describe his vision of Ukraine as a “neutral European state”.

Relations with Moscow soured under his predecessor Viktor Yushchenko, who pushed for Kiev to join Nato. To the satisfaction of Moscow, which strongly opposes Nato’s eastward expansion, Mr. Yanukovich has pledged to keep Ukraine out of any military bloc.

Despite a controversial background, which includes two stints in jail for petty crimes during his youth, Mr. Yanukovich’s victory, in an election dubbed largely democratic, has been well received by both Russia and the west. His inauguration was attended by senior officials from Brussels, Russia and former Soviet republics.

Mr. Yanukovich’s political career seemed doomed after he lost the 2004 presidential contest as the Moscow-backed candidate. This time round he capitalized on bitter rivalries between the Orange Revolution leaders and narrowly beat Prime Minister Yulia Tymoshenko in a February 7 run-off vote.

Despite winning the presidency, Mr Yanukovich has yet to consolidate enough political power in Kiev to push through his agenda.  In the near term, he will seek to remove Tymoshenko from her post as as prime minister, a position that holds more authority over domestic affairs than the presidency.

The most controversial of Mr. Yanukovich’s alleged plans include prolonging the stay of Russia’s Black Sea fleet at a Ukrainian port. Another controversial plan could give Russia, Europe and Ukrainian businessmen loyal to him a management stake in Ukraine’s strategic natural gas pipeline via a consortium. Granting Russian official state language status would be welcome in the heartland of his support in eastern Ukraine, but it would alienate western Ukraine, which speaks Ukrainian.

Happy New Year – С Новым Годом!   Leave a comment

Happy New Year!

С Новым Годом!

Personal Due Diligence Case Study – “The Digital Girl”   3 comments

the_digital_girl_for_web1A businessman encountered this “girl” on the Internet and developed what he believed to be a sincere friendship with her. She told him things were not going well for her in Russia, and asked him for money.

He ended up sending her over $10,000. Then certain aspects of her behavior made him suspicious, and he contacted RADA.

At his request, a personal due diligence investigation was conducted. A check of Russian databases showed that no person with her name (she had provided a copy of a “passport”) resided where she said she did. The street exists, but the exact address could not be located.

This was confirmed with an on site visit, using the photographs she had provided. No one living near the address recognized her name or face.

An examination of the headers of the emails suggested that “she” was emailing from  Poland and Slovenia (often on the same day), but never from Russia.

But what about the money? The bank account exists-in a bank in Moscow, but the account holder’s name is nothing like the name the girl provided; in fact, the account holder is a man!

The Russian authorities are conducting an investigation, but, since the money was freely transferred, it is not clear what the outcome will be, and the businessman is understandably disappointed.

Incidents such as this are by no means confined to Russia, and there are just as many fraudulent “digital boys” as “digital girls” out there to trap the unwary.