Deputy Secretary of the National Security and Defense Council (NSDC) Oleh Hladkovsky denies any conflict of interest in connection to the fact that he is owner of Teckford Investments Financial Corporation, registered in 2007 on British Virgin Islands and created to attract investment in the development of automobile business of Bogdan Corporation, the press service of the corporation has reported, referring to Hladkovsky.

"I founded the company absolutely legally as prescribed in law when I was businessman. The NBU license was received, Ukraine's State Security Service (SBU) checked everything. What is the sensation today? Everyone knew about this company, and SBU has had documents about it since 2007," Bogdan Spokesman Serhiy Krasulia told Interfax-Ukraine, citing Hladkovsky.

He said that Teckford Investments Financial Corporation was founded to attract investment and protect the business from illegal seizures.

"Far be it for me to explain you how businesses were pressed and companies that do not belong to the 'family' were destroyed. Today there is no conflict of interest. After my appointment to the civil service I at once left management bodies of absolutely all companies. I do not make any managerial decisions and I withdrew from business. I am still a shareholder in Bogdan Corporation, the owner of several companies and this is not banned by law," Hladkovsky said, adding that independent persons manage this company and other companies.