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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

Scandal erupts over Ukraine's parliament move to block key EU integration bills

A parliamentary committee on Aug. 21 defended its earlier decision to block five bills intended to strengthen the country's fight against corruption. The bills are requirements of the European Union, both to receive an estimated 2.1 billion euros ($2.45 billion) at the end of 2026, as well as to advance Kyiv's EU accession talks. The reforms seek to expand anti-corruption agencies' authority, reform the Prosecutor General's Office and the State Investigation Bureau, and repeal legislation that

As Russia turns to jet-powered drones, Ukraine scrambles for new interceptor tech

For residents of Kyiv, it was a particularly dark day. Already reeling from a massive Russian aerial bombardment overnight on Aug. 20 that killed 15 people, the daylight hours saw a steady stream of drones target the capital, claiming the lives of a further two. A grim soundtrack of air raid sirens and periodic explosions marked what appears to be one of the latest stages in the ever-evolving air war — Russia's escalating use of jet-powered Shahed-type drones. "In July, there were five times a

A Ukrainian serviceman watches a P1-Sun interceptor drone fly in Kharkiv Oblast on May 20, 2026.
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