Former Minister Timofiy Mylovanov announced the resignation of a member of the Supervisory Board of Energoatom, but at the same time, the Cabinet of Ministers prematurely terminated the powers of the entire board and ordered an urgent audit — steps that the authorities explain as the exposure of a major corruption case in the energy sector.
On Tuesday, the government decided to prematurely terminate the powers of the Supervisory Board of NNEGC Energoatom and begin restarting the company: Prime Minister Yulia Svyrydenko instructed to prepare a new composition of the board in consultation with international partners and gave the State Audit Service a week to conduct a full audit and transfer materials to law enforcement agencies.
Meanwhile, one of the current members of the board, economist and former minister Timofiy Mylovanov, published a statement resigning. In his public statements, he referred to the scandal surrounding the company and the need not to hinder the investigation. However, the government's decision formally means that the board was dissolved without individual resignations.
The reason for the sharp reaction of the authorities is called a large-scale anti-corruption operation conducted by NABU and SAPO - it appeared in the media under the code name "Midas". According to reports, the investigation revealed abuse in public procurement and contracts, which, according to preliminary estimates by journalists, could have led to significant losses for the company. The very fact of launching an audit and transferring materials to law enforcement agencies is presented by the authorities as evidence of the need for personnel changes.
From official sources: the government emphasizes that the Supervisory Board should bear “the entire spectrum of leverage” — from appointing management to controlling activities — and therefore the responsibility for the situation in the company lies primarily with it. The new management should “quickly restart” the company, conduct an audit, and assist in the investigation.
Beyond official statements, there are also speculations in the public sphere about a network of influences and long-standing contacts between individual players in the energy and public sectors. Some journalistic materials and public discussions refer to the “intertwining” of business and public positions as a structural problem, but specific allegations against individuals should be verified by law enforcement agencies as part of the investigation. In this context, government audits and criminal proceedings should determine which facts are confirmed and which are just assumptions.
What's next: a state audit and investigation, rapid rotation of the Supervisory Board, and consultations with international partners on candidates — this is how the government formalized the "restart" plan. At the same time, experts warn that if the audit confirms systemic violations, this could lead not only to personnel purges, but also to lengthy legal proceedings and restructuring of state management mechanisms in the energy sector.
