Dodon's brother set up business with son of Russian Prosecutor General Yury Chaika
A new business between Igor Chaika, the son of Russian Prosecutor General Yury Chaika, and Moldovan President Dodon’s brother, Alexandru, according to BBC. The two decided to establish a waste collection company.
Igor Chaika owns 40% of the company and Alexandru Dodon - 10% while another Russian businessman retains the rest. BBC writes that this company, registered on August 30, specializes in collecting non-hazardous waste.
Igor Chaika is experienced in this field. He has shares in a company named Hartia, one of the biggest in Russian market. Since 2013, the company has received state contracts worth 44 billion rubles ($660M).
Journalists write that business in this area is growing rapidly on the backdrop of the waste management reform, which began this year in Russia. In each region, the companies selected will evacuate and process the garbage. Citizens will bear the expense for transport of the waste.
However, this reform has sparkled discontent among people in some Russian localities. Meanwhile, Chisinau government endorsed law on burning waste, which triggered a wave of anger.
The document, approved by Parliament in mid-August, has been criticized by environmentalists, who believe it endangers people's health. It requires President Dodon's approval for promulgation.
In July, the younger brother of Moldovan President Igor Dodon bought 15% of the Russian real estate company Archpley Development, mainly owned by Igor Chaika. Igor Chaika established the company in 2017 together with Alexander Ponomarev. Initially, 60 per cent of the company was owned by Chaika and 40 per cent by Inspire LLC, owned by Ponomarev.
Today, Chaika retains 45 per cent of the company, Ponomarev holds 40 per cent and Dodon has the other 15 per cent.
Balkan Insight reveals that Igor Dodon and Chaika have a close personal relationship. The Moldovan President lobbied for Chaika to be allowed to tap the potential of the crypto currency business in the breakaway region of Transnistria. Chaika confirmed his interests in crypto-mining in the secessionist region and helped formulate a framework for it that was adopted immediately in regional capital, Tiraspol.
Chaika is the business ambassador of the Russian Business Association in Moldova and its breakaway region of Transnistria. He also supervises the Russia-Moldava Economic Council. An investigation by the Anti-Corruption Foundation, led by Russian opponent Alexei Navalnâi, showed that Igor Ceaika had won several contracts with the state due to the support given by his father.