Ukraine Cracks Down on Once Untouchable Oligarchs in Anti-Corruption Push and Bid for EU Membership
-
Ukraine's oligarchs, once seen as untouchable, are losing power. The arrest of billionaire Ihor Kolomoisky was unprecedented and signified a shift.
-
Laws passed under President Zelensky, like the "anti-oligarch law," have forced oligarchs to divest assets and avoid political roles to dodge "oligarch status."
-
Reigning in oligarchs aims to clean up Ukraine's image to ease its path toward EU membership. But more reforms are still needed before accession.
-
Agencies like the National Anti-Corruption Bureau have an easier time investigating oligarchs compared to the pre-war period when oligarchs had more institutional power.
-
While progress has been made in tackling corruption, fresh scandals show it still persists in Ukraine, even as the country fights for EU membership.