Large-Scale Corruption Scandal Will Undermine Trust in Leadership During Crucial Peace Talks

For the past 15 months, the National Anti-Corruption Bureau of Ukraine (NABU) has been investigating an alleged USD 100 million scheme at Energoatom, the country’s state-owned nuclear power operator.
In our latest Situation Update Brief, our analysts outline the following key findings:

• A recent large-scale corruption scheme within Ukraine’s energy sector will further erode the already-deteriorating levels of public trust in both the government and President Volodymyr Zelensky.
• While the European Commission (EC) is likely to remain committed to supporting Ukraine, it will likely face growing pressure from Ukraine-sceptic countries to resist sending further financial aid to Kyiv.
• In the longer term, persistently high levels of corruption will further weaken Kyiv’s already-limited prospects of securing EU membership.

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