International Monetary Fund reminds Ukraine about anti-corruption commitments

EU statement reiterates the importance of fight against corruption in Ukraine

EU statement reiterates the importance of fight against corruption in Ukraine

The two banks are among the largest financial contributors to a $40 billion bailout package given to Ukraine to shore up and reform its economy after the 2014 Maidan protests ousted the Kremlin-backed president, Viktor Yanukovich.

Lagarde urged "Ukrainian authorities and parliament to safeguard the independence of NABU and SAPO", Ukraine's Specialized Anticorruption Prosecutor's Office.

"We are deeply concerned about recent attacks on independent anti-corruption institutions such as NABU and SAPO in Ukraine that threaten their ability to fight corruption and recover stolen assets", it said. It said NABU had overstepped the law. But perceived backsliding on reform commitments has delayed billions of dollars in International Monetary Fund loans and tested the patience of foreign allies, even as Kiev pushes for closer European Union integration and increased foreign investment.

NABU said on November 30 that the Prosecutor-General's Office and the Security Service of Ukraine illegally interfered with an undercover NABU operation aimed at identifying members of an organized criminal group in the State Migration Service.

"Fighting corruption is a key demand of the Ukrainian society, is crucial to achieving stronger and equitable growth, and is part of the government's commitment under the program with the IMF", Lagarde said in a statement. "It's critical they have the legislative framework & resources to fulfil their mandate", it said.

The activities of anti-corruption bodies in Ukraine are under threat in the light of recent developments around the National Anti-Corruption Bureau (NABU), a statement of the Secretary of State for Foreign and Commonwealth Affairs of the United Kingdom reads.

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