Ukraine Anti-Graft Bodies Probe Corruption in Energy Sector

2 hours ago 2

Article content

(Bloomberg) — Ukrainian anti-graft agencies said they’re conducting “a large-scale operation” to investigate corruption in the energy sector as businesses and households wrestle with the impact of the latest Russian attacks on the country’s power system. 

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

The National Anti-Corruption Bureau, known as NABU, and the special anti-graft prosecutor’s office announced Monday on Telegram that they’d “documented a high-level crime organization that built a large-scale corruption scheme” to influence strategic state companies including Energoatom, the body that manages all of Ukraine’s nuclear power plants. 

Article content

Article content

Article content

The investigation involved “15 months of work and 1,000 hours of audio recordings,” the agencies said without providing details. 

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

President Volodymyr Zelenskiy’s office supports the investigation, his aide Dmytro Lytvyn said. “Surely there will be further legal actions, and we support anything that eradicates corruption,” he said.

Article content

NABU detectives are carrying out searches at the premises of Justice Minister German Galushchenko, who was energy minister before a government reshuffle in July, Ukrainska Pravda online media reported, citing people familiar with the matter in law enforcement. 

Article content

The Justice Ministry’s press office and the NABU press office didn’t immediately respond to requests to comment from Bloomberg News. Energoatom also didn’t immediately respond to a request to comment.    

Article content

The inquiry was announced as Ukrainian energy companies said restrictions on power supplies would continue in most regions on Monday, following a massive Russian drone and missile attack at the weekend that triggered widespread outages and killed at least four people.

Article content

The issue of corruption, which has dogged Ukraine long before Russia’s invasion, was thrust back into the spotlight in July, when the government surprised international donors by seeking to thwart the independence of anti-graft bodies. Zelenskiy backed off that effort after a public outcry and widespread criticism from wartime allies.

Article content

(Updates with comment from Zelenskiy’s aide in the fourth paragraph.)

Article content

Read Entire Article