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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 parliament's 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

About Journalism

Journalism in Ukraine faces significant challenges including Russian disinformation campaigns, physical threats to reporters, and attacks on media infrastructure since the full-scale invasion began in February 2022. At least 79 journalists and media workers have been killed covering the war as of February 2025, according to the Institute of Mass Information.

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