Zelenskyy Vows Sweeping Energy Sector Overhaul Amid Corruption Scandal
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Zelenskyy Vows Sweeping Energy Sector Overhaul Amid Corruption Scandal
"Ukrainian President Volodymyr Zelenskyy vowed to overhaul the country's scandal-ridden energy sector as he looks to stem outrage following accusations of wide-spread corruption that have included an old friend and former business partner. Zelenskyy on November 15 said the leadership of at least three state-run energy companies would be sacked and quickly replaced and that other changes were in the works."
""We are beginning an overhaul of key state-owned enterprises operating in the energy sector," Zelenskyy said on social media. "In parallel with the full audit of financial activities, the management of these companies should be replaced. Today, together with Prime Minister Yulia Svyrydenko and Economics Minister Oleksiy Sobolev, we determined the procedure.""
"The National Anti-Corruption Bureau of Ukraine (NABU), in a joint operation with the Specialized Anti-Corruption Prosecutor's Office (SAPO), said it found the scheme involves "a high-level criminal organization" aimed to "influence strategic enterprises in the public sector, in particular JSC Energoatom," a state-owned nuclear energy company."
President Volodymyr Zelenskyy ordered an overhaul of Ukraine's energy sector, announcing that leadership at least three state-run energy companies will be sacked and replaced. He called for a new supervisory board at Energoatom within a week to enable a complete management overhaul and said audits of financial activities will run in parallel. The National Anti-Corruption Bureau and Specialized Anti-Corruption Prosecutor's Office launched a large-scale operation alleging tens of millions of dollars in graft involving a high-level criminal organization targeting strategic public enterprises. Western partners have criticized the alleged corruption and urged stronger anti-corruption measures during the war.
Read at RadioFreeEurope/RadioLiberty
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