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Odesa Oblast: News

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

Key findings: * A Ukrainian state-owned bank, seized from a Russian owner in 2023, was allegedly turned into a tool for insider corruption. * A senior aide to President  Volodymyr Zelensky, Iryna Mudra, pressed to install a favored, conflicted candidate on the bank's oversight board. * Two officials who vetted him warned he had ties to a previous bank failure and a conflict of interest, but he was appointed anyway. * The bank's rushed, low-scrutiny nationalization made it easier to quietly

About Odesa Oblast

The region in Ukraine’s southwest covers 33,310 square kilometers (12,861 square miles) along Ukraine's Black Sea coast, with a population of approximately 2.4 million and Odesa city as its administrative center. Odesa Oblast borders Moldova to the west, and Romania across the delta of the Danube. Odesa Oblast serves as Ukraine's main maritime trade gateway and has faced repeated Russian missile and drone strikes targeting port infrastructure since the full-scale invasion began in February 2022.

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