Zelensky Announces Overhaul of Ukraine's Energy Sector Amid Corruption Scandal
President Zelensky orders reforms and management changes in state-owned energy companies following a $100 million embezzlement scandal.
Ukrainian President Volodymyr Zelensky has announced an overhaul of the country's state-owned energy sector, in response to a corruption scandal that has sparked public outrage.
The scandal involves the alleged embezzlement of approximately $100 million from the energy sector, leading to widespread criticism in a nation already reeling from Russian attacks that have caused significant power outages.Zelensky has called for immediate action and has ordered the resignation of two ministers implicated in the scheme.
Additionally, he has sanctioned a former business partner identified as the mastermind behind the corruption.
The President emphasized his commitment to transparency and integrity within the energy sector, instructing government officials to maintain open lines of communication with law enforcement agencies and anti-corruption bodies.Specifically, Zelensky has mandated the establishment of a new supervisory board for Energoatom, Ukraine's state nuclear company, within one week.
This reform aims to facilitate a comprehensive overhaul of its management structure.
Furthermore, he has called for swift action in appointing a new head for Ukrhydroenergo, the country's hydropower generating company, as well as implementing reforms at Naftogaz and the main gas operator.The President's response to the scandal reflects his dedication to combating corruption and ensuring the stability of Ukraine's energy infrastructure.
This initiative has also garnered attention from Ukraine's European allies, who have urged Zelensky's government to intensify efforts in fighting corruption.
The scandal involves the alleged embezzlement of approximately $100 million from the energy sector, leading to widespread criticism in a nation already reeling from Russian attacks that have caused significant power outages.Zelensky has called for immediate action and has ordered the resignation of two ministers implicated in the scheme.
Additionally, he has sanctioned a former business partner identified as the mastermind behind the corruption.
The President emphasized his commitment to transparency and integrity within the energy sector, instructing government officials to maintain open lines of communication with law enforcement agencies and anti-corruption bodies.Specifically, Zelensky has mandated the establishment of a new supervisory board for Energoatom, Ukraine's state nuclear company, within one week.
This reform aims to facilitate a comprehensive overhaul of its management structure.
Furthermore, he has called for swift action in appointing a new head for Ukrhydroenergo, the country's hydropower generating company, as well as implementing reforms at Naftogaz and the main gas operator.The President's response to the scandal reflects his dedication to combating corruption and ensuring the stability of Ukraine's energy infrastructure.
This initiative has also garnered attention from Ukraine's European allies, who have urged Zelensky's government to intensify efforts in fighting corruption.
