The Verkhovna Rada has set up a temporary investigative commission to investigate threats to economic security
The Verkhovna Rada has adopted a resolution establishing a Temporary Investigative Commission to investigate the actions of officials that threaten Ukraine’s economic security.
Legislative initiative No. 15079 was supported by 211 MPs.
Under the new initiative, a Temporary Investigative Commission of the Verkhovna Rada is being established to investigate possible unlawful actions by officials of state authorities, other state bodies and entities in the public sector of the economy that could have harmed the country’s economic security.
The main tasks include investigating the actions of officials:
- the Security Service of Ukraine,
- the National Police,
- the Economic Security Bureau,
- the State Customs Service,
- the State Tax Service,
- the National Agency of Ukraine for the Identification, Tracing and Management of Assets Derived from Corruption and Other Crimes,
- the State Financial Monitoring Service,
- the State Audit Service,
- the National Commission for State Regulation in the Sectors of Energy and Utilities,
- the State Border Service and public sector entities that may have caused harm to Ukraine’s economic security.
The TSC will also collect information on technical assistance and loans provided to Ukraine by foreign and international organisations since the start of the full-scale invasion, analysing the status of Ukraine’s fulfilment of its commitments.
Composition of the TSC and main tasks
The Chair of the Temporary Investigation Commission is MP Yaroslav Zheleznyak (from the ‘Holos’ parliamentary group), and the Deputy Chair is MP Anastasia Radina (from the ‘Servant of the People’ parliamentary group).
It is expected that the adoption and implementation of the initiative will ensure effective parliamentary oversight through the investigation of possible unlawful actions by officials and through the strengthening of monitoring of Ukraine’s fulfilment of its obligations to international and foreign organisations, which is a condition for the provision of international technical assistance and loans.
It is believed that such a mechanism will contribute to strengthening the state’s economic security.
At the end of last year, the Verkhovna Rada also established a Temporary Investigative Commission on violations of legislation during martial law, which demonstrates the consistency of parliamentary oversight of informational and legal procedures.
The final conclusion is this: transparent oversight of the activities of state bodies and accountability for the use of public sector funds are an important step in strengthening the country’s economic security.
