Prime Minister of Ukraine Arseniy Yatsenyuk has instructed the nomination committee under the Ministry of Economic Development and Trade to urgently announce a tender to select the heads of the 50 largest public companies, as well as conduct an international audit of their activities.
“All of the top 50 state-owned companies should get new independent directors. Neither the prime minister, nor ministers should manage state companies I’m not talking about factions or certain deputies – this is violation of law, political corruption we’ll not tolerate,” the prime minister said, opening a cabinet meeting in Kyiv.
He also instructed the Finance Ministry to attract independent leadership to state-owned banks.
Yatsenyuk also said the government would submit a bill to the Verkhovna Rada that will allow terminating contracts with the directors of state-owned enterprises according to the decision of the Cabinet, while now in case of such decisions directors go to court and overturn the government’s decision.
“We have no arsenal and instruments,” the premier said, complaining about pressure on the part of the prosecutor’s office, courts and law enforcement agencies.
