Overview
- President Volodymyr Zelenskyy said leadership at key state energy companies will be replaced and full financial audits conducted, with a new Energoatom supervisory board to be formed within a week.
- He directed an urgent tender for a new chief at Ukrhydroenergo and ordered Naftogaz to seat a refreshed supervisory board starting in January 2026, part of a broader reset across strategic enterprises.
- NABU and SAPO say Operation Midas uncovered a kickback network skimming 10–15% from Energoatom-linked contracts, supported by more than 70 raids, seized cash and documents, and over 1,000 hours of wiretaps.
- Authorities have detained several suspects and notified others of suspicion; alleged ringleader Tymur Mindich left Ukraine and was later hit with asset-freeze sanctions alongside businessman Oleksandr Tsukerman.
- Kyiv has accepted the resignations of the justice and energy ministers, halted a contested leadership competition in the gas transmission system, expanded audits across state firms, and pledged to deliver findings to law enforcement as EU and G7 partners press for credible results.