Tuesday, 02 January 2024 12:17 GMT

Government Terminates Powers Of Energoatom's Supervisory Board PM Svyrydenko


(MENAFN- UkrinForm) According to Ukrinform, Prime Minister Yulia Svyrydenko announced this on Telegram.

She noted that a corporate reform began in 2023, and the members of the supervisory body were selected through a competitive process.

"All levers of influence – from appointing management to overseeing the company's operations – lie with the Supervisory Board. It is important that the government did not interfere in its work. The Supervisory Board must bear responsibility for the situation in the company," Svyrydenko said.

The Ministry of Economy, Environment and Agriculture, in consultation with international partners, must submit a new composition of the supervisory board for government approval within a week. The new board's tasks are to promptly relaunch the company's management, conduct a full audit, and fully assist law enforcement agencies in investigating possible corruption.

Svyrydenko also instructed the State Audit Service to carry out an urgent audit of Energoatom, including its procurement activities.

"We expect the audit results as soon as possible. The materials will be handed over to law enforcement and anti-corruption bodies," Svyrydenko said.

Read also: Operation Midas: Members of Energoatom embezzlement scheme transferred money to ex-deputy prime minister

On November 10, the National Anti-Corruption Bureau of Ukraine (NABU) announced a special operation to uncover corruption in the energy sector. Investigators found that members of a criminal organization had built an extensive scheme to exert influence over strategic state-owned enterprises, including Energoatom.

A source familiar with the investigation said that NABU officers had conducted searches at the premises of businessman and co-owner of the Kvartal 95 studio Tymur Mindich, as well as at the residence of Justice Minister German Galushchenko, who previously served as energy minister.

On November 11, law enforcement officers detained five individuals and approved suspicion notices for seven in the energy-sector corruption case. Among them are a businessman who headed a criminal organization, a former adviser to the energy minister, Energoatom's executive director in charge of physical protection and security, and four employees of a "back office" involved in money laundering.

A draft resolution was registered in the Verkhovna Rada proposing Galushchenko's dismissal as justice minister.

The Ministry of Justice confirmed that investigative actions involving Galushchenko had been held as part of the criminal proceedings.

Energoatom's supervisory board stated it would convene a special meeting to assess the situation and determine actions regarding the corruption allegations involving company employees.

Timofiy Mylovanov, president of the Kyiv School of Economics and former economy minister, resigned as a member of Energoatom's supervisory board.

Photo: Cabinet of Ministers of Ukraine

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