First Tymoshenko government
The campaign was accompanied by eradication of shadow schemes in business; Call for nationalization and re-privatization of more than 3000 enterprises.In October 2005 it was sold for $4 billion to a new owner, which was an impressive amount compared to $8.5 billion received by the government from privatization between 1991 and 2004; On June 16, 2005, president Viktor Yushchenko, speaker of the Verkhovna Rada Volodymyr Lytvyn and Yulia Tymoshenko signed a memorandum on guarantees of ownership rights and ensuring lawfulness for their implementation.According to Yushchenko, “Ukrainian government brought murky privatization practice to the end”; In April–May 2005 Ukraine faced so called “meat, sugar and petrol crises” when prices for the abovementioned products went up by 30-50% over a couple of weeks.In 2006 the Anti-Monopoly Committee, who investigated the “sugar crisis” issued a conclusion which said that it was a cartel monopoly with a participation of Petro Poroshenko, then-head of the National Council of Security and Defense.In May 2005, at the height of the petrol crisis, Viktor Yushchenko publicly, sharply criticized Tymoshenko for “pressure on oil traders”.