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Ukraine Business Roundup — On corruption in Ukraine
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Ukraine Business Roundup — On corruption in Ukraine

by Liliane Bivings

Editor's note: The following is the May 6, 2026 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. You wouldn't know it from Western media outlets — but the corruption scandal that prompted Ukraine's first wartime protests last summer continues to unfold. Last week, Ukraine’s leading outlet Ukrainska Pravda (meaning "Ukrainian Truth") published two videos presenting leaked transcripts of w

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Zelensky's former second-in-command, Yermak, charged in major corruption probe

President Volodymyr Zelensky's former chief of staff has been charged with money laundering tied to the construction of a luxury residential compound outside Kyiv, the Specialized Anti-Corruption Prosecutor's Office (SAPO) said in a statement. Although not named in SAPO's statement, the chief of staff in question is Andriy Yermak, a source in law enforcement familiar with the case told the Kyiv Independent. Ukraine’s National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Pr

Bringing Ukraine's kids back: Almost 60 countries unite to stop Russia's genocidal kidnapping of children

Ministers from 58 countries announced a sweep of new pledges to help Ukraine bring back more than 20,000 children who have been abducted by Russia since it launched its full-scale invasion, during a high-level event dedicated to the topic in Brussels on May 11. The event, co-hosted by the EU, Canada, and Ukraine, followed a meeting of EU foreign ministers, in which they agreed to sanction 23 individuals involved in Russia's abduction of children. Canada also sanctioned 23 entities, and the U.K.

Khamzat Chimaev and the UFC's Kadyrov problem

MMA star Khamzat Chimaev’s first defeat at UFC 328 on May 10 wasn’t just a blow to his 15-0 undefeated record — it was a rare moment of silence from the Chechen fighter. After the judges declared American Sean Strickland the winner of the match, Chimaev placed the championship belt around his opponent’s waist and left the ring without addressing the crowd. It was a radically different end compared to his usual post-match displays of bravado, which have included the slogan “Akhmat — sila” (“Akhm

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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