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Corruption in Kharkivoblenergo Harms Investments: Smart Holding Talked About the Case of Oblenergo

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Corruption in Kharkivoblenergo Harms Investments: Smart Holding Talked About the Case of Oblenergo

Smart Holding will continue to assert the right to a share in the energy company Kharkivoblenergo. It is said in the statement of the company, Ukrainian News Agency reports. "The ruling of the Cassation Economic Court, adopted on 21 September 2022 to void the contract for the sale and purchase of shares of Kharkivoblenergo JSC by SMART HOLDING (CYPRUS) LTD, is certainly to the benefit of corrupted officials who, obviously, work for this energy company. Since the consolidation of the corporate rights (29.7950%) Kharkivoblenergo JSC, Smart Holding has repeatedly drawn the attention of the State Property Fund, the Ministry of Energy, the National Security and Defence Council, law enforcement agencies and the public to signs of corruption in the company's management that leads to the theft of hundreds of millions of hryvnias and has already put the company on the verge of bankruptcy," said in the statement
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19 of April 2024