Ukrainian President Volodymyr Zelensky on Saturday announced an overhaul of state-owned energy companies, after a corruption scandal at the heart of a sector battered by Russian attacks sparked a public outrcy.

Ukrainian President Volodymyr Zelensky on Saturday announced an overhaul of state-owned energy companies, after a corruption scandal at the heart of a sector battered by Russian attacks sparked a public outrcy.

Anti-graft investigators say about US$100 million (S$130 million) was embezzled from the energy sector. Read more at straitstimes.com. Read more at straitstimes.com.

Ukrainian President Volodymyr Zelenskyy vowed to overhaul the country’s scandal-ridden energy sector as he looks to stem outrage following accusations of widespread corruption that have included an old friend and former business partner.

State-owned energy firms will be fully audited and new management brought in, the Ukrainian PM says.