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Economics

Zelensky Announces Reforms for Ukraine’s Energy Companies Amid Major Corruption Scandal


Ukrainian President Volodymyr Zelensky announced on Saturday the start of reforms targeting state-owned energy companies, including the nuclear energy firm Energoatom, following a major corruption scandal.

On Monday, Ukraine’s Anti-Corruption Bureau revealed the existence of a “criminal system” responsible for embezzling around $100 million in the sector, leading to the dismissal of the justice and energy ministers.

Zelensky stated on social media: “We are initiating reforms of the main state-owned companies in the energy sector.”

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