Recently, as reported by Oleg Varfolomeyev, Ukraine will be receiving a package of loans that will help to stabilise its economy.
This package includes:
" With the new loan from the IMF, a total assistance package for Ukraine is likely to reach $40 billion over four years, IMF head Christine Lagarde (left) said (Imf.org, February 12). The package is to include 2.1 billion euros ($2.4 billion) from the European Union; $2 billion in loan guarantees from the United States; several billion dollars a year from the World Bank, the European Bank for Reconstruction and Development, and the European Investment Bank; as well as hundreds of millions of dollars from the governments of Canada, Japan, Switzerland and possibly several other rich countries." (Jamestown Foundation : February 27, 2015)
The IMF, US, and the EU are demanding of the Ukrainian government that they implement stringent economic measures, including the call of Maidan that 'corruption' be rooted out from within the Ukrainian beaurocracy, government, and business.
Ukraine is beginning to tackle the difficult task of rooting out corruption, as illustrated by the public arrest on charges of 'high-level' corruption of,
"...the head of Ukraine's state emergencies service, Serhiy Bochkovsky, and his deputy Vasyl Stoyetsky." (BBC News : 25 March 2015)
Furthermore, the wings of Ukrainian oligarch Ihor Kolomoisky (right) has been cut. He is no longer governor of the Dnipropetrovsk region, and has been replaced by Valentyn Reznichenko (below left).
As reported by the BBC,
"Mr Kolomoisky was reportedly unhappy after parliament passed legislation aimed at weakening his influence." (ibid BBC News) (my emphasis)
Interior Minister Arsen Avakov (right) also stated that,
"... he was also dismissing all regional heads of the state emergencies service, as they were suspected of involvement in a corrupt scheme that had diverted money offshore." (ibid BBC News) (my emphasis)
And whilst Ukraine is getting to grips with its rampant corruption problem,
"Russia's President Vladimir Putin has signed into law a bill slashing fines for giving and receiving bribes, in a reduction of corruption penalties that a Kremlin envoy dismissed as rarely being honored anyway." (Moscow Times : Mar. 10 2015)
Secondly,
"An initiative by anti-corruption campaigner Alexei Navalny (right) to battle graft among [Russian] government officials prompted strong objections from officials themselves Monday." (The Moscow Times : Feb. 09 2015) (my emphasis)
At a meeting, spearheaded by an intergovernmental working group of Russian government officials, Navalny's proposal that,
"[the Russian government] ratify the United Nations Convention Against Corruption, which would make "illegal enrichment" by government officials a criminal offense and leave officials who cannot account for the source of their wealth open to prosecution", (ibid The Moscow Times) (my emphasis)
was thrown out.
The reason for it being thrown out, as 'explained' by Mikhail Fedotov (left), head of the Kremlin's human rights council,
"The introduction of this legislation will put us on the path to a new 1937. Only it won't be about counterrevolutionary activities, but anti-corruption activities," (ibid The Moscow Times) (my emphasis)
Even more bizarrely,
"Deputy Interior Minister Igor Zubov (right) argued that all "color revolutions" — popular uprisings in ex-Soviet countries that the Kremlin has repeatedly claimed are funded and orchestrated by foreign governments — had begun with such fights against corruption, Vedomosti reported." (ibid The Moscow Times) (my emphasis)
Valentina Matviyenko rather says it all about Putin's protection of the rampant corruption in Russia.
"A senior Russian politician, Federation Council speaker Valentina Matviyenko (left), spoke scathingly about Ukraine's "war of the oligarchs" on Wednesday.
"This situation shows that Ukraine has no statehood and is not a sovereign state", she said. (ibid BBC News) (my emphasis)
Indirectly the EU is, in fact, targetting Russian corruption.
"The EU has visa bans and asset freezes in place targeting 150 individuals, including high-ranking Russians, and 37 entities such as banks, companies and rebel groups." (
To this we can add the sanctions-list of targetted Russian individuals by the US.
As the Minsk2 'ceasefire' continues to be broken by Putin, it is expected that yet more 'corrupt' Russian officials will be targeted for sanctions by the US and the EU.
(to be continued)