Account

The Actual News

Just the Facts, from multiple news sources.

Ukraine anticorruption agency alleges $100m energy kickback scheme

Ukraine anticorruption agency alleges $100m energy kickback scheme

Summary

Ukraine's anticorruption agency is investigating a $100 million kickback scheme involving Energoatom, a state-run nuclear power company. The National Anti-Corruption Bureau of Ukraine (NABU) suspects the scheme involved several high-level officials and forced contractors to pay bribes. Ukraine is addressing this issue to boost its chances of joining the European Union and ensure transparency in its governance.

Key Facts

  • The investigation focuses on Energoatom, which supplies over half of Ukraine's electricity.
  • NABU alleges a criminal group managed purchases and demanded illegal kickbacks from contractors.
  • Contractors were reportedly forced to pay bribes of 10-15% to keep their contracts.
  • Investigators seized cash in various currencies during searches.
  • President Zelenskyy emphasized support for full legal actions against those involved.
  • Energoatom confirmed their offices are being searched and promised cooperation.
  • The NACB used extensive resources, including reviewing audio recordings, over 15 months.
  • Ukraine aims to reduce corruption as part of its effort to join the European Union.

Source Information