News Feed
 (Updated:  )

U.S. Cardinal Robert Prevost was elected the new pope and leader of the Roman Catholic Church on Thursday, taking the name Pope Leo XIV, a senior cardinal announced on May 8 to crowds gathered in St. Peter’s Square, according to Vatican News.

Show More
News Feed

Court rules against arresting former Naftogaz CEO on embezzlement charges.

1 min read

The High Anti-Corruption Court on Jan. 23 decided not to arrest Andriy Kobolev, the former CEO of state oil and gas monopoly Naftogaz.

Prosecutors have five days to appeal the decision.

The National Anti-Corruption Bureau of Ukraine (NABU) charged Kobolev with embezzlement on Jan. 18. The former CEO, who was dismissed in 2021, has denied any wrongdoing.

Kobolev is suspected of giving himself Hr 229 million in unauthorized bonuses in 2018.

The bonuses were allegedly granted as a reward for leading Naftogaz to victory against Russian state gas company Gazprom in the Stockholm Arbitration Court.

According to the NABU, bonuses cannot exceed Hr 37.5 million.

NABU charges ex-head of Naftogaz Kobolyev with misappropriation over gargantuan bonus
Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more