In his speech at  Ukrainian Forum ‘Ukraine 30. Security of the state’,  Oleksiy Danilov said that a new law on oligarchs National Security and Defence Council is now working on  will set restrictions on the oligarchs who ‘now have a great influence on our economy, on internal and external political processes’.

Danilov  said that handling  the problem of oligarchs’ influence  was ‘one of the biggest challenges that exist now’ for Ukraine.

‘With the criteria we,  National Security and Defence Council, are developing for the document, we have, for now, 13 persons  who can be decidedly considered as the ones of oligarchy environment. They have  very big influence within and without the country,’ said NSDC secretary.

Oleksiy Danilov though failed to name the businessmen  who will fall under the proposed law.

A law on ‘a status of oligarchs’ was earlier proposed by the Ukrainian president Volodymyr Zelensky.

On the April NSDC meeting, Zelensky called it a priority for Ukraine arguing that ‘a fundamental law’ and sanctions it is set to  impose  will ‘turn oligarchs into businessmen’.

The legislative initiative seeks to curb the excesses of the Ukrainian oligarchs and is motivated by the encouragement from the US administration.