Friday, April 10, 2015

Ukraine challenges tenders that gave oligarchs control over key power companies

The legal actions targeted the 2012 and 2013 sell-offs of electricity-generating companies in eastern Ukraine and of a power distributor in the west of the country. State assets in Dniproenergo and Donbasenergo, which feed the national power grid, and one of the main power distributors in the Zakarpatya region, were sold off for low prices in non-competitive tenders in which only a few favoured participants took part, the general prosecutor's office said in a statement.Read more at http://uk.reuters.com