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Court arrests State Property Fund's ex-head in absentia

Court arrests State Property Fund's ex-head in absentia
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Ukraine state-owned enterprises weekly — Issue 115

Cabinet completes the composition of Naftogaz’s supervisory board. This completes the board, Naftogaz said. Marievich had already served as a state representative on Naftogaz’s supervisory board from June 26-Sept. 11, 2019 when his powers were terminated early.

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Ukraine state-owned enterprises weekly — Issue 114

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.

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Ukraine

Former State Property Fund official charged with corruption

The National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAPO) have charged Denys Kudin, former first deputy head of the State Property Fund (SPF) with a criminal conspiracy to defraud the state, NABU said in a Telegram post on Dec. 12.

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Ukraine Business Roundup — November 28

As Russia launched more than 70 drones at Kyiv on Nov. 25, European leaders were gathering in the capital to participate in the second international “Grain From Ukraine” summit. The timing was no coincidence, according to President Volodymyr Zelensky who likened Russia’s Vladimir Putin to the Soviet dictator Stalin, saying that “if he could arrange another Holodomor for Ukraine, he would do it.” Ukraine created the summit as a way to bring leaders together to find ways to ensure Ukrainian food exports are getting to those who need them most, particularly the Global South.

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