Sanctioned Belarussian Oligarch gets Lucky in Latvia

Riga - Belarusian businessman Aliaksandr Shakutsin (Aleksandr Shakutin) was sanctioned two years ago for benefiting from and supporting the regime of Aliaksandr Lukashenka.

But this investigation showed that all this time he and his family continued to earn money in EU, despite the ban from Brussels. Also, we have exposed previously unknown facts how Shakutsin's business in Belarus is actually based on state subsidies, signed off by Aliaksandr Lukashenka.

According to the most rough estimates, the maintenance of this family business has cost the budget about $100 million in the past few years.

Author(s)

Stanislau Ivashkevich is a Belarusian investigative journalist at Belsat TV, chairman of the only investigative center in his country ESnaUra! z.s. (registered in Czech Republic), producing over a dozen of investigations of corruption per year.

Based in Vilnius, Lithuania, Šarūnas Černiauskas leads Siena.lt, the first Lithuanian non-profit organization dedicated entirely to investigative reporting, and an OCCRP member center.

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