"The investigation often referred to as Operation Midas and led by Ukraine's anticorruption agencies, the National Anti-Corruption Bureau (NABU) and the Specialised Anti-Corruption Prosecutor's Office (SAPO) focused on allegations that senior figures and business associates linked to the president were involved in a scheme to siphon off tens of millions of dollars through inflated contracts and kickbacks tied to Energoatom, the state company that oversees Ukraine's nuclear power plants."
"The case quickly moved beyond the energy sector, prompting searches and arrests involving senior figures and fuelling scrutiny of Zelenskyy's inner circle, including longtime chief of staff Andriy Yermak, who resigned. The probe dealt a political blow to the president's administration and undermined his longstanding image as a reformer committed to tackling graft. Beyond the domestic fallout, the case rattled Ukraine's Western backers, many of whom have linked continued financial and military support to progress on anticorruption reforms."
A major late-2025 corruption scandal targeted the state energy sector, alleging siphoning of tens of millions through inflated Energoatom contracts and kickbacks involving senior figures and associates linked to the president. The probe, known as Operation Midas, was led by NABU and SAPO and expanded beyond energy, prompting searches, arrests and the resignation of chief of staff Andriy Yermak. The scandal damaged the president's reformer image and unsettled Western backers who tie support to anticorruption progress. Investigations are in their working phase, with NABU withholding public reporting to develop charges and avoid accusations of politicisation while evidence is gathered.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]