After the scandal the head of “Ukrtransgaz” dismissed

On Friday, March 17, the Board of the NJSC “Naftogaz of Ukraine” in coordination with the Supervisory Board adopted the decision on dismissal of the President of the state operator of the gas transportation system “Ukrtransgaz” Igor Prokopov.

“Naftogaz” has already started looking for candidates for the position, and plans to soon hold a competition to fill the position of senior Manager.

“The duties of the President “Ukrtransgaz” will temporarily fulfill the first Vice-President of the society, Miroslav Khimko. “Ukrtransgaz” without interference will continue to provide a reliable supply of gas to Ukrainian and European consumers”, – assure in “Naftogaz”.

We will remind, Igor Prokopiv held the position of President of “Ukrtransgaz” August 2014. In February 2017, he was suspended from duty due to fraud with the money. After inspection of the financial activities of the enterprise the auditors identified a lot of violations.

“The independent auditor of the group, the company Deloitte&Touche has revealed a number of violations during an official audit of the accounts of “Ukrtransgaz”. Later these issues were investigated as the external auditor, and the newly created authority internal audit of Naftogaz, who is accountable to the audit Committee of the Supervisory Board. Further investigation confirmed preliminary findings and helped to collect more evidence of the mismanagement of procurement. The facts of the violations have led to further parallel investigations spanning over a wide range of issues,” – said in “Naftogaz”.

Note that “within the framework of the fundamental reform of corporate management of “Naftogaz” introduces a new system of internal control in all group companies. To ensure compliance with relevant policies and laws, internal audit now launched in all the subsidiaries of “Naftogaz”. To do this, in December 2016, the Cabinet approved a new Charter of “Naftogaz”.

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