Braving bomb threats, razor wire, brick walls, and strange court rulings

Braving bomb threats, razor wire, brick walls, and strange court rulings, State Property Fund officials, backed by busloads of special police forces, entered the improvised headquarters of Centrenergo on Friday and installed the new, government-appointed leadership. Producing about 15% of Ukraine’s electricity and thermal power, Centrenergo may have cost the treasury $3.7 billion since 2004, partly by selling electricity at below market prices to Ihor Kolomoisky’s energy intensive ferro alloy plants, reports the Kyiv Post. The state company did not come out with 2019 financial results and executives hid the books, says Dmitry Sennychenko, head of the State Property Fund.