Oleksandr Yanukovych heavily since 2010. Before 2013 the company had denied it had bid for government public procurement contracts, taking part in government privatizations of state assets, or being involved in the extraction of natural resources. In November 2012 Forbes Ukraine reported that companies linked to (Oleksandr) Yanukovych in 2012 at no cost had taken over majority stakes worth an estimated $10 million in five coal enrichment plants from the state. This had been denied by Yanukovych; he claimed it was "Black PR" aimed against his father. As of February 2013, Forbes Ukraine claims (Oleksandr) Yanukovych earned more in Ukrainian public procurement
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