Ukraine quietly abolishes corruption oversight rule
Activists have blasted Zelensky for “harmful” move they say shatters Kiev’s EU dreams | President Vladimir Zelensky has harmed Ukraine’s hopes of joining the EU by signing an amendment that reduced financial oversight of politicians, anti-corruption activists in Kiev said on Monday. The measure “practically kills” efforts to combat money-laundering, claimed the head of the Anti-Corruption Action Centre (AntAC). ● Ukraine had previously mandated lifetime financial monitoring of “politically exposed persons,” including government officials and lawmakers – until Zelensky signed an amendment last week limiting it to just three years. Officially, the law is supposed to “protect Ukraine’s financial system from Russia and Belarus,” but the AntAC says it will harm the country’s interests instead. 💬 “With this law, politicians destroyed the system of financial monitoring of their loved ones, which means they actually blocked negotiations on Ukraine’s accession to the EU,” AntAC head Vitaly Shabunin said on social media. The amended law “practically kills the system of preventing money-laundering by Ukrainian politicians,” he added.