Explore Business Standard
Ukraine's nuclear energy company said on Tuesday its operations are unaffected by a major graft investigation into the country's power sector that is centred on alleged kickbacks worth some USD 100 million. Energoatom, a state-owned enterprise which generates more than half of Ukraine's energy supply, said in a statement that the probe by the National Anti-Corruption Bureau has not disrupted production or operational safety. Its assurances came a day after the agency revealed some details of a 15-month investigation into suspected corruption in the energy sector, including at Energoatom. Large amounts of Ukrainian and foreign funds have flowed into the energy sector as infrastructure is repeatedly repaired following relentless Russian aerial attacks. Ukraine's Energy Ministry said on Tuesday that Russia attacked energy infrastructure in the Kharkiv, Odesa and Donetsk regions overnight and that scheduled power outages were in place in most regions of Ukraine. The Anti-Corruption Bur