Business news

Created in collaboration between Kyiv Independent and KPMG Ukraine Gateway
An investor’s guide to
UKRAINE
Learn more
How leaked conversations suggest backroom influence at a Ukrainian bank
Business

How leaked conversations suggest backroom influence at a Ukrainian bank

by Luca Léry Moffat

A state-owned bank that formerly belonged to a Russian oligarch is at the center of a spiraling corruption scandal implicating several people close to President Volodymyr Zelensky. In transcripts of recorded conversations published by Ukrainian media outlet Ukrainska Pravda in the first weeks of May, two businessmen with ties to close friends of Zelensky discuss potential candidates for the board of Sense Bank — appearing to exert influence over a process that should be free of outside interfer

News Feed

Ukraine war latest: Russia plans to strike President's Office, Zelensky says

Key developments on May 15: * Russia plans to strike President's Office building and state residence, Zelensky says * Massive fire erupts at Russia's Ryazan oil refinery as Ukrainian drone blitz hits multiple targets, oblasts * 205 Ukrainian POWs return from Russian captivity in latest exchange * Russia plans to attack Ukraine or NATO from Belarus, Zelensky says * Russian military unit documents own war crime, milblogger publishes then deletes video * Zelensky pays respects to victims of

About Business

The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

News Feed