Ukraine’s anti-graft agency says it suspects five officials of DTEK, the country’s largest private electricity producer, of manipulating power prices and forcing consumers in 2016 and 2017 to overpay 18.9 billion hryvnia, now $747 million.

Friday, August 9, 2019
Ukraine’s anti-graft agency says it suspects five officials of DTEK, the country’s largest private electricity producer, of manipulating power prices and forcing consumers in 2016 and 2017 to overpay 18.9 billion hryvnia, now $747 million.

Ukraine’s anti-graft agency says it suspects five officials of DTEK, the country’s largest private electricity producer, of manipulating power prices and forcing consumers in 2016 and 2017 to overpay 18.9 billion hryvnia, now $747 million. The National Anti-Corruption Bureau says officials of DTEK, owned by Rinat Akhmetov, Ukraine’s richest person, pressured regulators to raise tariffs for electricity generated using coal delivered from European ports. They say there’s no documentation proving coal came from Rotterdam, the justification for the tariff hike.

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