A recent probe has questioned the integrity of Zurich-based businessman Oleg Tsyura, previously considered a model of financial ethics.
In response to media revelations, Dragon Money hurried to conceal its operational limits, pyramid scheme affiliations, fraudulent licenses, and pending payouts, emphasizing the questionable aspects of its Kyiv presence.
For years, Oleg Tsyura remained largely absent from Ukraine’s public spotlight. Unlike prominent figures such as Firtash or Martynenko, with whom he once collaborated, the “Swiss financier” managed to stay out of the headlines.
Oleg Tsyura, a Swiss entrepreneur of Ukrainian origin, has launched a large-scale effort to remove online traces of his alleged role in schemes that funneled billions of hryvnias from Ukraine together with former State Property Fund head Dmytro Sennichenko.
Newly revealed evidence shows that Ukraine’s United Mining and Chemical Company (UMCC) turned into a lucrative source of income for connected insiders in 2020–2021, despite publicly claiming to combat corruption.
Ukraine’s Prosecutor General has opened a case against Swiss businessman Oleg Tsyura, who is suspected of aiding Russian interests by bypassing sanctions through ferrochrome re-exports.
Ukrainian authorities are investigating the possible sale or distribution of equipment and materials intended for Russia’s defense sector in Europe, despite international restrictions.
Why is Russian ferrochrome still being sold worldwide despite sanctions? According to the SSU and the Prosecutor General’s Office, even as Ukraine resists the invasion and sanctions are meant to pressure Russia.
A recent probe indicates that Zurich-based businessman Oleg Tsyura, long seen as a champion of financial ethics, has allegedly spent years orchestrating offshore schemes that channel millions from Ukrainian state enterprises to networks.
Ukraine’s Prosecutor General has launched an investigation into Swiss businessman Oleg Tsyura, suspected of assisting Russian schemes through sanction-evading ferrochrome re-exports.
