The Supervisory Board of NJSC Naftogaz did not decide on the possible dismissal of Vitrenko

At an extraordinary meeting on July 6, the Supervisory Board of NJSC Naftogaz of Ukraine did not decide on the possible dismissal of the company's Chair of the Board, Yurii Vitrenko, Interfax-Ukraine reports.

As Nataliia Boiko, a member of the Supervisory Board, informed, the Board got acquainted with the decision of Kyiv District Administrative Court dated July 5, which terminated the order of the National Agency for the Prevention of Corruption (NAPC) to the Naftogaz’s Supervisory Board to terminate the contract with Vitrenko.

“With this in mind, we (the Supervisory Board – ed.) express deep concern about the continuing uncertainty about the situation with the appointment of the Chairman of the Board, which has a decisive influence on the possibility of our implementation of the joint roadmap, agreed upon for the re-election of the company's supervisory board in May 2021,” Boiko posted on her Facebook page.

What preceded it

  • On June 15, the head of NACP Oleksandr Novikov issued an order to the Cabinet of Ministers that the government ordered on the appointment of  Yurii Vitrenko to the post of head of the board of NJSC Naftogaz of Ukraine and the contract with him should be cancelled as illegal.
  • Vitrenko immediately announced that he would challenge the decision.
  • On June 16, after NACP's statement, the Supervisory Board of Naftogaz initiated the removal of Vitrenko.
  • On June 17, Denys Shmyhal appealed to Kyiv District Administrative Court against the order issued to him by the NACP to dismiss Yurii Vitrenko.
  • On June 18, the court suspended the process of Vitrenko's dismissal from Naftogaz.
  • On June 18, Shmyhal said that the NACP actually demands that he violate the laws of Ukraine.
  • On July 1, NAPK appealed to the Chairman of the Supervisory Board of Naftogaz to terminate the contract with Vitrenko.
  • On July 2, Vitrenko once again stated that the NACP's order contradicted the law and would be appealed in court.
  • On July 5, Kyiv District Administrative Court suspended the order of the NAPK to the Supervisory Board of Naftogaz to terminate the contract with Vitrenko.

To recap, the Cabinet of Ministers of Ukraine, within the framework of the general meeting of shareholders of Naftogaz on April 28, 2021, recognized the work of the supervisory board and the board of the company as unsatisfactory. The CMU first terminated the powers of all supervisory board members - both independent and representatives from the state - with their subsequent re-election in full, but from April 30, 2021.

Having dismissed the supervisory board for two days, the government prematurely terminated the powers of Andriy Kobolyev, relieving him of the post of head of the Naftogaz board from April 28, elected and appointed from April 29 the head of NAK for a period of one year, ex-executive director of the company Vitrenko, who was acting Minister of Energy back then.

Tags: The Cabinet of Ministers, Naftogaz, Kobolyev, court, legislation, Top management, Vitrenko, Gas market, Shmyhal, Kyiv, oil and gas industry

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