“We have unofficial confirmation that Tymur Mindich is involved in Fire Point as one of the beneficiaries,” Hudymenko said.
“That means the moment it is legally proven, Fire Point will immediately lose the ability to sell anything to the Armed Forces of Ukraine, because Mindich is under sanctions and is not listed as an owner of Fire Point.”
Hudymenko said law would prohibit the company from supplying the military once Mindich’s involvement is confirmed, effectively reducing the company’s revenues to zero. To address the problem, he said authorities would either have to lift sanctions on Mindich or urgently amend Fire Point’s ownership structure.
Lifting the sanctions, he added, would be politically difficult because Mindich is involved in corruption schemes tied to Energoatom and the Defense Ministry.
“We proposed having at least a plan B for this problem now
rather than waiting until it happens, because there is no control over when it
will,” he said.