The former head of the Supervisory Board of NJSC Naftogaz, Claire Spottiswoode, decided to intervene in the situation with the announcement of suspicion against the ex-chairman of the company Andrey Kobolev in the case of receiving a multimillion-dollar bonus. She posted the corresponding statement on the social network Linkedin..
The main message that Claire Spotiswood tried to convey is that the decision to award Andrey Kobolev, as well as 40 other team members who accompanied the consideration of the case against Gazprom in the Stockholm Arbitration, was approved by both the company's board, the supervisory board (including government representatives),.
These awards were approved unanimously - by the entire board, the supervisory board, including both independent members and members appointed by the state, including members of the government of Ukraine. The award was first discussed and recommended by the Remuneration Committee of the Supervisory Board, following the usual deliberative work and decision-making processes.. These decisions were also based on an assessment prepared by an independent consulting agency and a legal opinion provided by an independent law firm,"
Also, she notes that the award was issued at the expense of funds paid to Ukraine by Russian Gazprom in pursuance of the decision of the Stockholm Arbitration.
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In addition, Claire Spottiswoode decided to recall the merits of the leadership of Naftogaz, which decided to enter into arbitration with Gazprom, despite the fact that, according to her, no one believed in victory in this case.
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It was on the basis of these circumstances, Spottiswood notes, that the awarding of bonuses to the team involved in arbitration was initiated, despite the fact that there were no such precedents in Ukraine yet..
" Realizing that a precedent is being created, the Supervisory Board thought very carefully about its decision on bonuses and made it in full accordance with the global corporate governance practice" Spottiswoode emphasized..
" It's a misunderstanding and a misrepresentation of facts. The award was unanimously approved by the Supervisory Board within its competence. The government subsequently approved this award. when all funds due were received from Gazprom,"
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Recall that the National Anti-Corruption Bureau, together with the Specialized Anti-Corruption Prosecutor's Office, informed Andriy Kobolev, former Chairman of the Board of NJSC Naftogaz of Ukraine, about suspicion of taking more than 229 million. UAH.
According to investigators, the head of the company, who headed the NAC in 2014-2021, in May 2018, contrary to the requirements of the law, issued an order to reward company employees, on the basis of which he was paid almost UAH 261 million. (equivalent to $10 million. USA) for Extraordinary Achievement. We are talking about a positive decision in the arbitration in the case of a contract for the sale of natural gas in 2009-2019..
The NABU emphasizes that this amount significantly exceeded the normatively determined amounts of such payments (37.48 million. UAH. In addition, for the same achievements, the ex-head of the company was paid a bonus of UAH 12.49 million even in 2017.
“In total, during 2018, the suspect, according to the investigation, was illegally paid at the expense of the company more than UAH 229.25 million (the difference between the actually paid premium and its maximum allowable amount),"
In addition, during the management of Naftogaz by Yuri Vitrenko, the company stated that the former head of Naftogaz, Andrei Kobolev, took most of the bonus for defeating Russian Gazprom in the Stockholm Arbitration in the amount of 599.6 million. UAH, despite the fact that he did not even lead this direction.
It should be noted that the claims against Andrey Kobolev are not limited to this.. Thus, the Bureau of Economic Security is conducting criminal proceedings based on the results of the audit of the economic activities of NJSC Naftogaz of Ukraine. We are talking about possible abuses by Naftogaz officials in 2018-2019. These abuses led to non-payment of a huge amount of UAH 75 billion to the budget.
Also, company officials are suspected of overstating the gross expenses of Naftogaz during 2018-2019, as well as of abusing accounting and tax reporting..
In addition, NABU is studying the "