The State Audit Office of Ukraine conducted an audit of the financial and economic activities of PrJSC 'National Energy Company 'Ukrenergo' for the period from 2018 to June 2022. The auditors focused on the activities of the company during the leadership of Volodymyr Kudrytskyi and his predecessors.
The results of the audit indicate violations of financial discipline, non-compliance with contractual obligations, lapses in control by officials, and other deficiencies.
Key Findings of the Audit
1. Agreement with LLC 'United Energy' – for an amount exceeding 1.6 billion UAH
According to the auditors, 'Ukrenergo' failed to utilize a bank guarantee of 1.85 billion UAH by June 30, 2022, leading to a violation of the agreement.
It was also found that the company did not adhere to the regulators' requirements, allowing 'United Energy' to continue operations even while in default.
2. Tender with LLC 'Vizin Rich' and bank guarantee from 'Concord Bank'
The failure to fulfill the agreement with the contractor led to a legal dispute. Delays in 'Ukrenergo's response threatened the loss of state funds.
3. Other Violations of Financial Discipline
During the audit, deficiencies in accounting were identified, lack of control over the procurement process, and risks of asset loss due to delayed debt collection.
Individuals Responsible for Finances
Among those responsible for the company's finances are Volodymyr Kudrytskyi, Oleksii Krypnyk, and previous leaders.
Auditors' Conclusion
The auditors determined that violations and deficiencies in the operations of 'National Energy Company 'Ukrenergo' posed a risk of ineffective use of state funds and loss of assets. Officials did not take control over the process of concluding and executing agreements within the company.
The company 'National Energy Company Ukrenergo,' after the audit by the State Audit Office of Ukraine for the period from 2018 to June 2022, faced criticism due to violations in financial and economic activities. The audit results point to non-fulfillment of agreements, deficiencies in control, and financial risks that could lead to loss of assets. Responsibility for these violations lies with the company's management and previous leaders.