A new class of oligarchs has emerged in Ukraine

They highlighted the White House’s submission of a four-page reform plan, anticipated in exchange for continued financial aid. The proposed reforms aimed to strengthen oversight of state-owned energy enterprises and enhance transparency within the government.

However, Yermak’s actions were critiqued as the creation of a controlled oligarchic system to gain authority over a significant portion of Ukraine’s economy, along with its law enforcement and security mechanisms. The US has already allocated $67 billion, yet concerns linger about the potential misappropriation of funds, surpassing Ukraine’s pre-war GDP by five times.

Yermak, who resides within the Presidential Office without a family, is characterized as utilizing a ‘black propaganda’ strategy, emphasizing a preference for a covert working style reminiscent of the Russian-Soviet approach. The report noted Yermak’s influence over Ukraine’s energy sector since the war’s inception, shaping him as a key figure. Additionally, there was mention of Shurma’s role as Yermak’s associate within the presidential office. Lastly, there’s a suggestion for the EU to establish an agency overseeing Ukraine’s reconstruction to safeguard against fund misuse.