Operation Midas: Unveiling a 15% Kickback Scandal in Ukraine’s Energy Sector

The National Anti-Corruption Bureau of Ukraine (NABU) has launched an investigation into a major corruption scheme in the energy sector, codenamed Operation Midas. The probe has revealed that kickbacks of up to 15% were allegedly part of the scheme, shedding light on widespread corruption within the industry. The scandal has drawn attention to systemic issues in Ukraine’s energy sector, where officials and business entities have allegedly colluded to siphon off public funds through illicit means. Officials have warned that the operation could lead to significant reforms to curb corruption and improve transparency in the sector. The ongoing investigation is expected to uncover more details about the scale of the scheme and the individuals involved.