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Oryol 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

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 Oryol Oblast

Oryol Oblast is a federal subject of Russia, approximately 360 kilometers (224 miles) south of Moscow. Oryol Oblast covers 24,700 square kilometers (9,500 square miles) and has a population of around 730,000. Its administrative center is Oryol city. Ukrainian forces have conducted drone strikes on fuel depots and military facilities in Oryol Oblast since Russia's full-scale invasion began in February 2022.

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