Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Zelenskiy introduces bill to 'uphold independence' of Ukraine's anti-graft bodies
    Headlines

    Zelenskiy introduces bill to 'uphold independence' of Ukraine's anti-graft bodies

    Zelenskiy introduces bill to 'uphold independence' of Ukraine's anti-graft bodies

    Published by Global Banking and Finance Review

    Posted on July 24, 2025

    Featured image for article about Headlines

    By Dan Peleschuk and Yuliia Dysa

    KYIV, Ukraine (Reuters) -President Volodymyr Zelenskiy on Thursday submitted draft legislation to restore the independence of Ukraine's anti-corruption agencies, reversing course after an outburst of public criticism.

    Measures enacted earlier this week that established greater control by the prosecutor general, a political appointee, over the anti-corruption bureau NABU and the specialised prosecution unit SAPO had fuelled rare wartime protests and had thrown Kyiv's EU accession bid into question.

    The agencies said they had been involved in drafting the bill and urged parliament to hold a vote as soon as possible.

    "The bill, submitted by the president of Ukraine as urgent, restores all procedural powers and guarantees of independence to the NABU and SAPO," they said in a statement.

    Zelenskiy, whose image as a tireless leader of the three-year-old war against Russia's invasion has been tarnished by the controversy, said the text of the new bill is "well-balanced".

    He also said that the bill guarantees "reliable protection of the law enforcement system against any Russian influence", in an apparent move to justify the law hurriedly passed on Tuesday.

    On Monday, security forces arrested two anti-corruption officials on suspicion of ties to Russia and launched sweeping searches of other employees.

    Critics had decried the move to give a Zelenskiy-appointed prosecutor control over the agencies, saying it looked like political pressure on the agencies.

    MERZ AND STARMER

    After the law was adopted, Zelenskiy faced a severe backlash, with thousands of people joining protests across the country, even though public gatherings are restricted by martial law.

    "It is important that we respect the position of all Ukrainians and are grateful to everyone who stands with Ukraine," Zelenskiy said.

    Ukraine's international allies also rushed with vocal criticism.

    The International Monetary Fund said the law, curbing the agencies' authority, would be "very problematic" for the war-torn country's macroeconomic stability and growth.

    British Prime Minister Keir Starmer and German Chancellor Friedrich Merz both had calls with Zelenskiy on Thursday, offering their countries' expertise on the new bill.

    "I invited Germany to join the expert review of the bill. Friedrich assured me of readiness to assist," Zelenskiy said on X.

    Ruslan Stefanchuk, the chairman of parliament, said it would be considered at the next plenary session, although MPs were meant to start their summer holiday this week.

    Opposition lawmakers separately registered their own legislation to revoke the restrictive measures, which had been fast-tracked with help from Zelenskiy's ruling party.

    "They heroically solved the problems that they created just as heroically. Grand imitators," Yaroslav Zhelezniak, from the opposition Holos party, said on Telegram.

    (Reporting by Yuliia Dysa and Dan PeleschukEditing by Frances Kerry and Toby Chopra)

    Related Posts
    New EU draft text on Russian assets offers uncapped guarantees for Belgium
    New EU draft text on Russian assets offers uncapped guarantees for Belgium
    Putin to talk of war and peace at marathon news conference
    Putin to talk of war and peace at marathon news conference
    Thousands rally in Bulgaria against corruption, call for judicial reform
    Thousands rally in Bulgaria against corruption, call for judicial reform
    Analysis-How Trump's Venezuela embargo could put Taiwan at risk
    Analysis-How Trump's Venezuela embargo could put Taiwan at risk
    UN elects former Iraqi President to lead UN refugee agency
    UN elects former Iraqi President to lead UN refugee agency
    Trump says 'getting close to something' ahead of US, Russia talks on Ukraine
    Trump says 'getting close to something' ahead of US, Russia talks on Ukraine
    Russian shelling near Odesa kills one, hits power supply
    Russian shelling near Odesa kills one, hits power supply
    Britain names Christian Turner as ambassador to the US
    Britain names Christian Turner as ambassador to the US
    Trump administration imposes sanctions on two more ICC judges
    Trump administration imposes sanctions on two more ICC judges
    Belarus prepares 'big deal' with US but not at Russia's expense, Lukashenko says
    Belarus prepares 'big deal' with US but not at Russia's expense, Lukashenko says
    Norway reaches 2026 fisheries agreement with Russia, cod quota at lowest level since 1991
    Norway reaches 2026 fisheries agreement with Russia, cod quota at lowest level since 1991
    Ukraine-US fund approves investment policies as it eyes first projects in 2026
    Ukraine-US fund approves investment policies as it eyes first projects in 2026

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    VW management to continue cost cutting

    VW management to continue cost cutting

    Parliament of Swiss canton Fribourg votes to ban mobile phones at school

    Parliament of Swiss canton Fribourg votes to ban mobile phones at school

    EU countries approve year-long delay to deforestation law

    EU countries approve year-long delay to deforestation law

    Italy economy minister denies interfering in MPS's bid for Mediobanca

    Italy economy minister denies interfering in MPS's bid for Mediobanca

    Italian judge drops Genoa dam case against Webuild CEO

    Italian judge drops Genoa dam case against Webuild CEO

    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon

    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon

    Searches under way in new corruption probe involving French Minister Dati

    Searches under way in new corruption probe involving French Minister Dati

    Finland's far-right party reprimands two MPs over racism scandal

    Finland's far-right party reprimands two MPs over racism scandal

    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine

    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine

    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme

    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme

    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'

    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'

    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    View All Headlines Posts
    Previous Headlines PostEU starts surveillance of scrap metal trade as supplies decline
    Next Headlines PostUkraine's central bank holds key rate steady, says war risks will curb 2025 growth