By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Zelensky vows energy sector overhaul after $100m corruption scandal
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > World News > Zelensky vows energy sector overhaul after $100m corruption scandal
World News

Zelensky vows energy sector overhaul after $100m corruption scandal

By Viral Trending Content 3 Min Read
Share
SHARE

Ukrainian President Volodymyr Zelensky has vowed to “overhaul” state-owned energy companies, after a major corruption scandal engulfed the country’s energy sector.

Around $100 million (£76m) has been embezzled, anti-graft investigators said, causing outrage in a country where Russian attacks have resulted in crippling power outages.

“Alongside a full audit of their financial activities, the management of these companies is to be renewed,” Zelensky wrote in a post on X on Saturday.

Energoatom, the state nuclear company at the heart of the scandal, will have a new supervisory board “within a week,” he added.

Several of those implicated in the scandal have close links to the Ukrainian president.

The scandal is unfolding against the backdrop of escalating Russian attacks on Ukrainian energy facilities, including substations that supply electricity to nuclear power plants.

“I have also instructed government officials to maintain constant and meaningful communication with law enforcement and anti-corruption bodies,” Zelensky wrote.

He also called for the quick appointment of a new head of Ukrhydroenergo, a hydropower generating company, and reforms for oil and gas giant Naftogaz and the nation’s Gas Transmission System Operator.

Two ministers were forced to resign over the corruption scheme and a former business partner of Zelensky was sanctioned earlier this week when the scandal broke.

On Monday, the National Anti-Corruption Bureau of Ukraine (Nabu) and Specialised Anti-Corruption Prosecutor’s Office (Sap) said the 15 month-long investigation had revealed several members of the Ukrainian government were involved.

Some of those implicated in the scandal are or have been, close associates of Zelensky’s. Among those alleged to be involved are Justice Minister Herman Halushchenko, former Deputy Prime Minister Oleksiy Chernyshov and Timur Mindich – a businessman and a co-owner of Zelensky’s former TV studio Kvartal95.

Zelensky has previously said he is committed to fully cooperate with the anti-corruption investigation.

“I have also instructed government officials to maintain constant and meaningful communication with law enforcement and anti-corruption bodies,” he said on Saturday.

“The full transparency and integrity in the energy sector remain an absolute priority.”

But the scandal has brought Zelensky’s commitment to fighting corruption under scrutiny once again.

In July, he faced backlash after he signed a law limiting the independence of Nabu and Sap.

The outrage was only quelled by Zelensky’s decision to reinstate their freedom, but the debacle prompted criticism from European allies including France and Germany, while ambassadors from the G7 group of nations expressed the desire to discuss the issue with the Ukrainian leadership.

You Might Also Like

At least six killed in ‘deliberate’ Russian attack on Ukrainian capital causing ‘maximum harm’

Orbán and opposition rival stage rallies in Gyor as Hungary gears up for next year’s elections

Why AI must be grounded, not hyped, to serve Europe’s SMEs

Portugal remains on alert as Storm Claudia moves towards UK

Trump targets longtime MAGA ally Marjorie Taylor Greene

TAGGED: World News
Share This Article
Facebook Twitter Copy Link
Previous Article Matthew Sigel Triggers Uproar In XRP Community – Here’s What He Said
Next Article Cherry Hills mansion lists for first time in nearly 70 years for $12M
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Sharge Shows How Power Banks & Chargers Don’t Have to be Boring
Tech News
Crypto index ETFs will be the next wave of adoption — WisdomTree exec
Crypto
At least six killed in ‘deliberate’ Russian attack on Ukrainian capital causing ‘maximum harm’
World News
Make America Grate Again: Trump vs MTG in epic MAGA maelstrom after she tries to maim H-1B visas
Business
Cade Hudson: 5 Things to Know About Britney Spears’ Friend & Manager
Celebrity
Generation X! This dividend plan could add £185 a month to the State Pension
Business
Analog Photography: The Beginner’s Guide to Film Cameras (2025)
Tech News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Sharge Shows How Power Banks & Chargers Don’t Have to be Boring

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Sharge Shows How Power Banks & Chargers Don’t Have to be Boring
November 16, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?