President of Ukraine by acting president Oleksandr Turchynov, who then also served as Chairman of the Ukrainian Parliament, on 21 February 2014. Oleksandr Turchynov was the only acting president in Ukraine's modern history. Unlike in the US, where the vice president immediately receives all powers of the presidency upon assumption of the presidential office, in Ukraine the powers of an acting president are severely limited. On 18 June 2015, Yanukovych was officially deprived of the title of president of Ukraine. The current president is Petro Poroshenko who took the oath of office on 7 June 2014. The Government of Ukraine utilizes a Semi-presidential
Oleksandr Yanukovych contracts than any other businessmen since the beginning of 2012. Forbes.ua reported in February 2014 that in January 2014, for example, his businesses won 50% of all state tenders. In early 2014, his personal assets were claimed to be over $500 million. The Ukrainian Bank of Development was founded in 1995 and controlled by Valentyna Arbuzova. Reports allege that since 2011, Yanukovych purchased stock in the bank to achieve 100% ownership. In 2014, investigations by anti-corruption organizations into the bank and potential bribery charges against Yanukovych were launched. These included an order to freeze Swiss assets of both Yanukovych and