Ukraine unveils new asset disposal system in bid to reduce corruption

gontareva-ukraine
Valeria Gontareva

Ukraine's central bank is moving towards a unified online system for disposing of insolvent banks' assets in a bid to reduce corruption, it said in a June 24 statement.

Governor Valeria Gontareva signed a memorandum of understanding (MoU) with deputy trade and economic development minister Maskym Nefiodov, and managing director of Ukraine's deposit guarantee fund, Kostyantyn Vorushylin, on June 24.

The last signatory of the MoU, Andrii Marusov, is chairman of Transparency International Ukraine

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