Pavel Marynich: Reputation of these Belarusian oligarchs abroad to be given up as hopeless

The possible EU sanctions against Chyzh, Mashenski, Shakutsin and Tupozidis are to deliver a serious blow on their business.

“In any business, as in life, a reputation and an honest name are the most valuable things. It is undoubtedly a spot on their business reputation! And this spot automatically stains all partners both inside the country and abroad. I do not think that after these events those who value their reputation and good name would like to deal with them in the future. It is troublesome and no one needs that. The reputation of these Belarusian oligarchs worldwide could be given up as hopeless.

And as for the financial schemes, the situation is even easier: in every bank, where accounts of their firms, even affiliated firms, the clients are known perfectly well. The history of all money transfers and the real receivers of income are known. If desired, any payments starting from the 1990ies could be traced. I repeat, if there would be such a desire,” said in an interview to charter97.org a Belarusian businessman, one of the coordinators of “European Belarus” civil campaign Pavel Marynich.

We remind that at the regular meeting of the Foreign Affairs Ministers of the EU in March the EU is set to extend sanctions against Belarus. 4 Belarusian businessmen closely cooperating with Alyaksandr Lukashenka are to be blacklisted.

As EUobserver writes, “Alyaksandr Lukashenka’s personal friend, real estate tycoon Yuri Chizh (Chyzh)( a chief of Triple company and an owner of Dinamo (Minsk) football club) is the number-one candidate, but there can come other names, such as Aliaksandar Mashenski (the director of Santa-Impex Brest), Aliaksandar Shakutsin (the CEO of Amkodor), and Paval Tapuzidzis (the director of Tabak-Invest and owner of Korona hypermarkets chain).”