On Friday, March 18, at an extraordinary meeting of the
Government a number of authorities such as the Ministry of Economic Development
and Trade, the State Audit Service, the State Property Fund, the State Fiscal
Service report on financial and economic activities as a result of an audit of
major Ukrainian state-owned companies carried out on commission of the Prime
Minister of Ukraine Arseniy Yatsenyuk.
The Head of Government accentuated that the audit was
launched with an aim to set things in order at the Ukrainian state-owned
companies, "to find out who is working effectively, and who is not".
instructed all state-owned enterprises to hire international auditors to
confirm financial reports. We ordered all state companies to allow the State
Audit Service conduct verification", he stressed.
Minister reminded that the Government had cardinally changed the system of
remuneration for employees of state companies.
report, the Government “will make a decision on how these state-owned companies
will further work and, most importantly, with whom these state-owned companies
will work", stressed Arseniy Yatsenyuk, recalling that several months ago
the Cabinet of Ministers had decided that CEOs of state-owned companies must be
appointed by an independent Nomination Committee.