Energy sector accountability

Centrenergo’s agreement with the little‑known Teplosfera UA exposed a systemic corruption risk in Ukraine’s energy sector. After receiving a 132‑million‑hryvnia advance, the intermediary delivered only a fraction of the contracted coal and provided no real guarantees, despite the contract requiring payment after delivery. A judge, reviewing the case, discovered that Teplosfera was a one‑employee company that purchased coal from state‑owned […]