Saturday, August 02, 2014


Ukraine

Head Of Ukraine's State Energy Company Detained In Corruption Probe

Naftogaz head Yevhen Bakulin (left, with Gazprom chief Aleksei Miller) is suspected of heading a "criminal group" whose members include other senior current and former Ukrainian government members.
Naftogaz head Yevhen Bakulin (left, with Gazprom chief Aleksei Miller) is suspected of heading a "criminal group" whose members include other senior current and former Ukrainian government members.
Ukrainian police have arrested the head of the state-run energy company Naftogaz, Yevhen Bakulin, in connection with a corruption investigation.

Interior Minister Arsen Avakov, in a statement on Facebook, said the police were conducting three separate investigations into suspected corruption in the natural-gas industry that may have cost the state some $4 billion.

Avakov said Bakulin was suspected of heading a "criminal group" whose members include other senior current and former Ukrainian government members.

There were no more immediate details on the police investigations.

Based on reporting by Reuters and AFP

Most Popular