Ukraine stunned as vast cash reserves of political elite are made public...

Two years after angry Ukrainians deposed Viktor Yanukovych and broke into his vast, opulent residential compound outside Kiev, revelations thrown up by a new system that requires government officials to declare their wealth and property online have led many to suspect the new elite are no better.

The declarations, which all officials were required to file by Sunday evening, have made public many curiosities, including politicians who own multiple luxury watches, Fabergé eggs and large collections of weapons. One politician declared that he owned a personal church.
By far the biggest shock, however, has been just how much money Ukraine’s politicians seem to stash away in hard cash.

The prime minister, Volodymyr Groysman, declared $1.2m (£980,000) and €460,000 (£410,000) in cash, as well as a collection of luxury watches. Many other officials declared hundreds of thousands of dollars worth of cash. Full story...

Related posts:

1. As Ukraine gets poorer, President's wealth grows...
2. Billionaires are holding $1.7 trillion in cash...
3. CFR member calls on elites to “rise up against ignorant masses”
4. The millionaires building bunkers in their mansions and buying land outside...
5. Budget 2016: Wealth of super rich soars as the worst-off lose out, report says...
6. 62 world’s richest people own same wealth as half the world...
7. Richest 1% of people own nearly half of global wealth...
8. Top 1% taking lion's share of global growth...
9. The amount of money hoarded by the uber elite will astound you...