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Kherson Oblast: News

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Exclusive: Inside the years-long scheme to turn a nationalized bank into Zelensky allies’ 'piggy bank'

Documents obtained by the Kyiv Independent show that a scheme at the center of Ukraine’s latest corruption scandal was years in the making, built by manipulating a state-owned bank’s oversight board after its nationalization in 2023. On Aug. 19, Ukraine's anti-corruption authorities accused associates of President Volodymyr Zelensky of using Sense Bank, formerly Russian-owned Alfa Bank, to launder Hr 150 million ($3.4 million). The National Anti-Corruption Bureau (NABU) says the funds were used

About Kherson Oblast

Kherson Oblast in Ukraine’s south had a population of around 270,000 people at the beginning of 2022. Russia currently occupies about 73% of Kherson Oblast. The administrative center of the region is the city of Kherson, which was captured by Russia in February 2022 and liberated after eight and a half months.Kherson Oblast borders Mykolaiv Oblast, Zaporizhzhia Oblast, and Dnipropetrovsk Oblast. To the south of Kherson Oblast is the Black Sea and Crimea.

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