The Power Within: The Kyiv Independent’s first-ever magazine. Be among the first to get it.

pre-order now
Skip to content
Edit post

Corruption prevention agency to monitor Energoatom head over relative's property purchases

by Martin Fornusek January 5, 2024 10:24 PM 2 min read
Energoatom President Petro Kotin talks to journalists on Aug. 7, 2023, in Yuzhnoukrainsk, Ukraine. (Dmytro Larin/Global Images Ukraine via Getty Images)
This audio is created with AI assistance

The National Agency on Corruption Prevention (NAZK) began monitoring Energoatom President Petro Kotin over suspicious property purchases by his mother-in-law, lawmaker Yaroslav Zhelezniak said on Jan. 5, citing a letter from the agency.

Radio Free Europe/Radio Liberty's investigation project Schemes reported on Dec. 21 that Kotin's mother-in-law bought a house and land worth Hr 7 million ($183,000) near Kyiv and plots of land in Kyiv Oblast worth almost Hr 1 million ($26,260) during the full-scale war without having an official income.

According to the investigation, Kotin himself has settled in the house registered to his mother-in-law.

In a written response to Schemes, the Energoatom president claimed that his 70-year-old mother-in-law accumulated funds for the purchase by 50 years of savings, cash from close relatives, and loans.

The NAZK began monitoring Kotin following an appeal by a group of lawmakers from the opposition Holos (Voice) party, including Zhelezniak.

"The national agency is monitoring the lifestyle of P.B. Kotin, and the facts stated in your appeal will be taken into account," the agency's letter read.

Part of the NAZK's responsibilities is monitoring discrepancies between officials' standard of living and declared income to determine potential illicit revenue sources and other violations.

The state-owned Energoatom is the operator of Ukraine's four nuclear power plants, one of which – Zaporizhzhia Nuclear Power Plant – remains under Russian occupation.

Formerly a director of the Zaporizhzhia plant, Kotin headed Energoatom since 2020, being formally appointed as its president two years later.

Opinion: Are Ukraine’s anti-corruption efforts at a standstill?
“Ukraine is the second-most corrupt country in Europe.” “The situation with bribery has been at a standstill.” “Corruption reform doesn’t work in Ukraine.” These statements have been repeated at various international forums, by foreign officials, and by the media. But how much truth is there to t…

News Feed

5:15 PM

Alexander Vindman: Trump repeats past US mistakes with Russia.

Alexander Vindman served as the director of European affairs for the United States National Security Council in 2018-2020, during U.S. President Donald Trump's first administration. The Kyiv Independent's Kate Tsurkan sits down with Vindman to discuss how Washington has historically misjudged Russia, "succumbing to hopes and fears," and why there is no real prospect of peace between Ukraine and Russia now.
12:24 PM

Ukraine receives $400 million tranche from IMF.

The funds represent the latest tranche of the Extended Fund Facility (EFF) program, which will provide Kyiv with $15.6 billion in budget support over four years. With the additional $400 million in funding, the program has now distributed $10.1 billion in financing to Ukraine.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.