February 21, 2026
Ukrainian Government Audits Energoatom Amid Allegations of Mismanagement thumbnail
Economy

Ukrainian Government Audits Energoatom Amid Allegations of Mismanagement

Ukrainian Prime Minister Yulia Svyrydenko recently received a report from Alla Basalaieva, head of the State Audit Office, regarding preliminary findings from an ongoing audit of the national energy company Energoatom. The audit focuses on excessive expenditures related to risky operations conducted by the company.

Svyrydenko noted that initial findings have revealed deficiencies in determining the expected costs of procurement, instances of inflated expenses for the acquisition of goods, and the involvement of intermediaries in the supply of products. Additionally, auditors are examining the legality of salary payments made to the management of Energoatom.

The Prime Minister emphasized that identified violations will be assessed legally by law enforcement agencies, and those responsible will face accountability. This audit is part of a broader initiative launched in November 2025, aimed at evaluating state-owned enterprises, particularly in the energy sector.

In late January, the government appointed a new supervisory board for Energoatom, with independent members already signing contracts. The first meeting of the updated board is scheduled for next week.

The audit follows a series of investigations by the National Anti-Corruption Bureau (NABU) into Energoatom. On November 10, NABU announced the exposure of a criminal organization that allegedly engaged in systematic illicit gains from Energoatom’s contractors, amounting to 10% to 15% of contract values.

The Ukrainian government is conducting an audit of Energoatom, revealing potential mismanagement and legal violations. The findings may lead to accountability for those involved in financial misconduct.

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