American Amos Hochstein has quit the Naftogaz supervisory board, the second Westerner to resign from a state company board in two weeks

Tuesday, October 13, 2020
American Amos Hochstein has quit the Naftogaz supervisory board, the second Westerner to resign from a state company board in two weeks

American Amos Hochstein has quit the Naftogaz supervisory board, the second Westerner to resign from a state company board in two weeks. Hochstein, a former ‘energy diplomat’ for the State Department, complained of a “negative trend” of politicians seeking to reinstate corrupt practices. “The company has been forced to spend endless amounts of time combating political pressure and efforts by oligarchs to enrich themselves through questionable transactions,” he wrote in parting essay posted yesterday on the Kyiv Post. Two weeks ago, Anders Aslund, the Swedish economist, quit the supervisory board of Ukrzaliznytsia, the state railroad, charging: “The President and his loud MPs don’t believe in good corporate governance.”

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