Ukraine's parallel war on corruption to unlock door to West

  23 December 2022    Read: 985
Ukraine

To an outsider, it may seem an unlikely time for Ukraine to double down on the battle against corruption, as missiles rain down on cities and citizens fight for their lives.

Nonetheless, anti-graft agencies have revived a years-old investigation into an official scheme they say led to electricity customers overpaying by more than $1 billion, plus a case that stalled in 2020 into the alleged theft of over $350 million in assets and funds from a state-controlled oil company.

They've launched new actions too, including this month the arrest in absentia of an ex-state bank boss over his suspected role in the embezzlement of $5 million. He denies wrongdoing.

"Every week, there are one or two big developments plus seven or eight smaller ones that are still important," said legal expert Vadym Valko, who monitors the work of anti-corruption authorities in Ukraine, which is fighting to rid itself of oligarchs and strengthen its vulnerable institutions.

 

Reuters


More about:


News Line