Prime Minister Shmyhal filed a lawsuit Wednesday with the Kyiv District Administrative Court to cancel the order issued to him Monday by the National Agency for the Prevention of Corruption to cancel the appoint of Yuriy Vitrenko as Naftogaz CEO. Sh... #CEOofNaftogaz #NaftogazDrama
Legal warfare broke out yesterday over Yuriy Vitrenko, the new head of Naftogaz, Ukraine’s largest oil and gas company and the nation’s largest taxpayer. The National Agency on Corruption Prevention said the Cabinet violated conflict of interest laws by moving Vitrenko on April 28 from his post as acting Energy Minister to CEO of the state energy compa... #CEOofNaftogaz #UkraineOilandGasCompany #VItrenkoFightsforControlRights
The company had a very difficult conversation with the Ministry of Finance, “which accused us that we are hiding some money and are not showing something,” according to Kobolev. “As a leader who thinks about winter and other big challenges, such as hindering the completion of the construction of Nord Stream 2, I understood the need to plan our activities in order to ensure that Naftogaz is financially balanced. What is security for next winter? It’s enough money. Out of $2 billion, we are UAH 32 billion, th... #CEOofNaftogaz #Kobolev #Naftogaz
The legal maneuver used to fire the CEO of Naftogaz raises doubts about Ukraine’s commitment to shield state companies from interference by politicians. That was the fear expressed yesterday by a host of Ukraine-watchers: the State Department spokesman i Washington, the G7 Ambassadors in Kyiv, the speaker of the Rada, and the American Chamber of Comme... #CEOofNaftogaz #Kobolev #Vitrenko
Critics target what they see as Ukraine’s faltering commitment to running state companies on corporate lines .“Dismissal of Naftogaz CEO raises doubts over Ukraine’s corporate governance reforms,” headlines an Atlantic Council blog by Aura Sabadus, a regional expert on the energy industry. #CEOofNaftogaz #NaftogazUkraine
