US EditionZelenskyy vows overhaul of Ukraine’s scandal-hit energy firms
- On Saturday, Ukrainian President Volodymyr Zelensky announced an overhaul of state-owned energy companies and ordered a new Energoatom supervisory board within a week.
- Anti-Graft investigators said around $100 million was embezzled, provoking outrage amid Russian attacks that caused power outages, including a Kyiv blackout.
- Ordering two ministers to resign, Zelensky sanctioned a former business partner and demanded quick appointments at Ukrhydroenergo plus reforms at Naftogaz and the main gas operator.
- He instructed government officials to maintain constant communication with law enforcement and anti-corruption bodies, and ordered full audits and management renewals to strengthen sector oversight.
- With international pressure mounting, some European allies urged stronger anti-corruption action, and Volodymyr Zelensky pledged `The full transparency and integrity in the energy sector remain an absolute priority`.
114 Articles
114 Articles
Another case is stirring up anger among Ukrainians.
President Zelensky announced a complete overhaul of the energy sector after the discovery on Monday of a $100 million corruption case.
Zelensky pledges rapid reform of state energy firms amid major government scandal, calls for new leadership
President Volodymyr Zelensky announced on Nov. 15 that Ukraine is beginning a full "reboot" of its key state-owned energy enterprises, involving management overhauls and comprehensive financial audits.
Ukrainian President Volodymyr Zelensky will implement reforms at several major energy companies in the wake of the corruption scandal in the…
Ukraine announces energy shake-up after corruption scandal
Volodymyr Zelenskyy called for a new board at state nuclear operator Energoatom after the company was found at the center of a major corruption scandal. More than $100 million was embezzled, according to investigators.
Corruption in the energy sector is shaking Ukraine. Justice Minister Herman Halushchenko has been suspended as part of an investigation into a $100 million bribe system.
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