A leading Ukrainian politician has said President Volodymyr Zelenskyy’s corruption crackdown is vital to retaining the support of Kyiv’s allies.
Speaking during a visit to London, Dmytro Natalukha, who heads the economic affairs committee in the Ukrainian parliament, admitted his country’s prewar reputation on the world stage was flawed.
He cited the widespread abuses of power for personal gain and a lack of transparency in tracing systems as things that fuelled corruption.
Rooting out those engaged in dishonest practices is one of the government’s priorities, he said, stressing it was crucial to maintaining support from other countries.
“What we have right now at stake is basically independence of our country,” he told journalists at a briefing in London.
“And we understand that the assistance from our partners and allies and the support from the regular people in different countries depend on our credibility and trustworthiness.
“So we have a moral side of the story when we, unlike Russia, have proof that we are being transparent, that we are being predictable and that we deliver and that we stick to our word.
“In a way, this means that apart from having a military front we have an internal front at home. A struggle against people who with directions might undermine this trustworthiness of ours, this predictability and just transparency.
“So this is why it is so critical for us to have the struggle not just on the front line, but also inside the country.”
Referring to Mr Zelenskyy’s recent dismissal of several top officials as part of an anti-corruption clear-out, Mr Natalukha said Kyiv had adopted a “zero-tolerance” approach to the issue.
Vasyl Lozinskyi was last month fired as deputy minister of infrastructure after being detained by anti-corruption investigators, having been accused of inflating the price of winter essentials and allegedly stealing $400,000 (£320,000) intended for purchasing aid.
Investigators also found $38,000 in cash in his office.
Mr Zelenskyy said the tough new approach was needed.
“We need a strong state and Ukraine will be just that,” he said.
Following Mr Lozinskyi’s arrest, Mr Zelenskyy said Ukraine had turned a corner on corruption, a vice that has plagued the country since independence.
“I want it to be clear: there will be no return to the way things used to be,” the President declared.
Mr Natalukha said the clampdown would continue to help clean up Ukraine’s image abroad.
“I don't want to call it a purge, but in a way [we are] getting rid of people who have not understood yet that it is already a very different country,” he said.
“It is nothing that it has been before the war. We simply cannot allow ourselves by any means to allow the same level of tolerance towards very controversial and dubious issues and schemes.
“We have to demonstrate zero tolerance to corruption, zero tolerance to mismanagement of money, because otherwise, our trustworthiness will be questioned, not by just the population of Ukraine, but by our allies, our partners and our soldiers.
“And we don't want that in the first place. So this is why you're hearing that people are being constantly sacked from their positions, because their activity was in question.”
Ukraine ranked 116th out of 180 countries on the annual Corruption Perceptions Index released on Tuesday by Transparency International, up one ranking from last year.
Its score on the index was 33 on a scale of 0-100, in which 0 means highly corrupt and 100 means very clean.
The US government said last week it had no evidence its funds had been diverted to corruption schemes after going to Ukraine.
“We have no indication that US funds have been misused in Ukraine,” Treasury spokeswoman Megan Apper said.
“We welcome the ongoing efforts by the Ukrainian authorities to work with us to ensure appropriate safeguards are in place so that US assistance reaches those for whom it is intended.”
World Bank funds are disbursed to Ukrainian authorities a month after bank officials have verified that they have paid salaries to teachers and civil servants and pension payments, which helps safeguard against problems.
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UAE currency: the story behind the money in your pockets
Indoor cricket World Cup:
Insportz, Dubai, September 16-23
UAE fixtures:
Men
Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final
Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final
The biog
Favourite Emirati dish: Fish machboos
Favourite spice: Cumin
Family: mother, three sisters, three brothers and a two-year-old daughter
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
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The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
