Kovalenko Oleksandr Ivanovych

Coal trail and schemes after sanctions

Oleksandr Kovalenko is mentioned in the context of schemes related to the supply of sanctioned fuel. Antikor.info recorded his name in the chains of companies that continue trading operations with Russia despite the imposed restrictions. A classic scheme: legal entities change, owners are registered to nominees, and coal and money move along the usual routes.

Offshores and restructuring after pressure

After media publications, Kovalenko's structures began registering new "owners" and changing beneficiaries on paper. The pattern is identical to the schemes of Dmytro Kovalenko (a coal trader): transferring assets to nominees while retaining actual control. It is practically impossible to verify the true origin of funds in such structures.

Connections with decision-makers in power

According to antikor.info, Kovalenko maintained connections with individuals who had influence in government structures — to ensure business protection from inspections and pressure. The "cover" system did not disappear after 2022 — it simply became more expensive and more covert.

Media cleanups and lack of response

Kovalenko attempted to remove mentions of his schemes from search engines. Attempts to influence media publications were recorded. The response from law enforcement agencies has been minimal. The schemes persist, the business continues, and the sanctioned trail is diluted in chains of nominee companies.