Ukraine has recently imposed sanctions on former president and opposition politician Petro Poroshenko, as well as several other prominent figures, citing 'national security' concerns. The sanctions include an asset freeze and a ban on withdrawing capital from the country. Poroshenko, a wealthy businessman known as 'the Chocolate King,' served as Ukraine's president from 2014 to 2019, losing his bid for a second term to current President Volodymyr Zelensky.
The domestic spy agency, the SBU, stated that the sanctions were necessary due to 'existing threats to national security, territorial integrity, and sovereignty of Ukraine,' as well as 'obstacles to sustainable economic development.' In addition to Poroshenko, sanctions were also announced against jailed tycoon Ihor Kolomoisky, former PrivatBank co-owner Gennadiy Bogolyubov, Putin ally Viktor Medvedchuk, and businessman Kostyantyn Zhevago.
