EU calls for swift investigation into corruption case at Ukrainian “Energoatom”
The European Union emphasized the need for Ukraine’s prompt response to the corruption scandal in the energy sector, urging a quick investigation of the case.
EU High Representative for Foreign Affairs Kaya Callas called the corruption scandal at Ukrainian “Energoatom” “extremely regrettable” and stressed the importance of decisive action by the Ukrainian authorities. She stated this during the meeting of G7 foreign ministers in Canada, highlighting the unacceptability of corruption, especially in wartime, when finances are needed for the country’s defense.
On November 10, NABU conducted 70 searches in connection with the investigation into the “Energoatom” corruption case, dubbed “Midas.” All bureau detectives were involved, including a search of Timur Mindich, a co-owner of LLC “Kvartal 95.” The next day, NABU and SAP announced suspicion of seven individuals involved.
Meanwhile, Tymofiy Mylovanov, a state representative on the supervisory board of “Energoatom,” resigned, pointing to the collegiate body’s inadequate response to the situation. This led to the early termination of the company’s supervisory board powers. Deputy Prime Minister for European and Euro-Atlantic Integration Taras Kachka noted that the new supervisory board should facilitate the investigation of corruption facts.
The Cabinet of Ministers granted 90 working days for a comprehensive audit of “Energoatom,” which could significantly impact future processes in the energy sector. Pressure from international partners creates heightened expectations for transparency and efficiency in the investigation.
| Date | Event |
|---|---|
| November 10 | 70 NABU searches conducted, including search of Timur Mindich |
| November 11 | Suspicion announced for seven individuals, resignation of Tymofiy Mylovanov |
| November 12 | Cabinet grants 90 days for “Energoatom” audit |
