Oschadbank and Ukreximbank had no supervisory boards for almost seven months. As we reported in December 2023 (see Issue 113), even though the Cabinet of Ministers appointed the new independent members of Ukreximbank’s supervisory board on May 30, the same ordinance appears to have blocked the board’s work. Under the ordinance, independent members serve for three years from the date on which all independent members officially assume their roles.
Ukreximbank has been operating without a supervisory board for over six months. Despite the fact the Cabinet of Ministers appointed the new independent members of Ukreximbank’s supervisory board on May 30, the same ordinance of the Cabinet appears to have blocked the board’s work. According to that ordinance, independent members serve for three years from the date on which all independent members officially assume their roles.
CEO Oleksiy Chernyshov said it will become realistic for Naftogaz to be compensated the $5 billion The Hague ruled Moscow owed it through the confiscation of other Russian assets.
At a pre-trial hearing this morning in Kyiv, the legal team representing former Naftogaz CEO Andriy Kobolyev presented a pair of witness depositions that…
As the case against former Naftogaz CEO Andriy Kobolyev moves closer to trial, evidence has emerged that appears to undermine the prosecution s allegations.