The reactions of liquid-phase oxidation of aliphatic oxygen containing hydrocarbons, in particular, nonanol-4 and nonanon-4 in the presence of polyethylene-polyamine complexes (PEPA) with sorbated ions of metals with changeable valency (Co2+,Cu2+, Ni2+) were studied. It revealed that the oxidation of nonanole-4 and nonanone-4 in the presence of Cu2+ and Ni2+ ions in the analyzed system is less active while in the presence of Co2+ ions decarboxylation of acids it is practically absent and it leads mainly to formation of carbonic acids. It has been established that the character of oxidation reaction mostly depends on the properties of metals fixed on polymer matrix.