EBRD Appeals to the Ukrainian Government to Restore Naftogaz Charter
Hromadske International
0:000:00
Description
✅ “Naftogaz used to be one of the darkest corners of state-owned enterprises in Ukraine;”
✅ The news of the Ukrainian government altering Naftogaz's charter to retain control of the company's gas transport arm this week is said to be a move in the wrong direction;
✅ Last October, an agreement was signed with Naftogaz to transform its governance.
✅ “We need to revert to a situation where there’s proper internal controls and where we go back into corporate the governance improvement plan that we had agreed upon with management of Naftogaz and the Government of Ukraine.”
Hromadske’s Nataliya Gumenyuk spoke to Francis Malige, Managing Director for Eastern Europe and the Caucasus for the EBDR in September 2016 in Kyiv.
