This article was originally published by Radio Free Europe/Radio Liberty and is reprinted with permission.
Ukrainian President Volodymyr Zelenskyy vowed to overhaul the country’s scandal-ridden energy sector as he looks to stem outrage following accusations of wide-spread corruption that have included an old friend and former business partner.
Zelenskyy on November 15 said the leadership of at least three state-run energy companies would be sacked and quickly replaced and that other changes were in the works.
The scandal comes as Ukraine is under massive pressure from intensifying Russian air strikes on energy installations around the country as the deep cold of winter nears.
“We are beginning an overhaul of key state-owned enterprises operating in the energy sector,†Zelenskyy said on social media.
“In parallel with the full audit of financial activities, the management of these companies should be replaced. Today, together with Prime Minister Yulia Svyrydenko and Economy Minister Oleksiy Sobolev, we determined the procedure.â€
It remains to be seen whether the changes will be sufficient to ease pressure on Zelenskyy and satisfy Kyiv’s Western allies, who have urged the Ukrainian leader to do more to stem endemic corruption as the country continues to battle against Russia’s full-scale invasion.
Politico quoted an unnamed EU official as saying the corruption alleged in the probe is “revolting” and won’t help Ukraine’s reputation with international partners.
Ukraine’s anti-corruption watchdog on November 10 announced a “large-scale operation” alleging tens of millions of dollars of graft in the energy sector in the midst of Russia’s war on the country.
The National Anti-Corruption Bureau of Ukraine (NABU), in a joint operation with the Specialized Anti-Corruption Prosecutor’s Office (SAPO), said it found the scheme involves “a high-level criminal organization” aimed to “influence strategic enterprises in the public sector, in particular JSC Energoatom,” a state-owned nuclear energy company.
Changes To Come ‘Within A Week’
Zelenskyy called for a new supervisory board at Energoatom “within a week” that would enable a “complete overhaul of the company’s management.”
He also set changes atop Naftogaz, Ukraine’s state-owned gas company, and at Ukrhydroenergo, the state-owned hydro power generator.
“In a week, all conditions should be provided for the formation of a new and professional supervisory board of the company, and thanks to this, a complete reboot of the management board of Energoatom.”
“At Ukrhydroenergo — [there will be] an urgent tender for a new head of the company and additional formation of the supervisory board.”
Naftogaz, Ukraine’s state-owned gas company, “should announce and hold a competition for work on the company’s supervisory board so that this new composition can start working in January 2026.”
“In other large state-owned energy companies, the renewal of state representatives on supervisory boards should take place,” he added.
Fleeing To Poland
The list of suspects in the anti-corruption probe includes people at the highest levels of government and other high-profile figures, with much centered around Tymur Mindich, a longstanding close collaborator of Zelenskyy’s.
Reporting by Schemes, the investigative unit of RFE/RL’s Ukrainian Service, showed that Mindich fled Ukraine for Poland hours before authorities launched raids in connection with their investigation, prompting critics to allege he had been alerted ahead of the action.
Mindich’s involvement also led to uproar due to his past connections to leading political figures, including Zelenskyy. Mindich is a co-owner of the Kvartal 95 comedy troupe that Zelenskyy also co-owned before he ran for political office.
The business was an important vehicle for Zelenskyy to gain popularity as a comedian and actor before entering politics. Mindich was also a business partner with billionaire Ihor Kolomoyskiy, who backed Zelenskyy’s 2019 presidential campaign and who has been in pretrial detention since 2023 on fraud and money-laundering charges.
Zelenskyy has moved to distance himself from Mindich and the other seven people formally suspected in the investigation. On November 13, he signed a decree imposing sanctions including asset freezes on Mindich and Oleksandr Tsukerman, who is also charged and also left the country
The probe has been carried out by anti-corruption institutions that Zelenskyy tried to muzzle before major street protests forced him to back down in the summer.