Kolomoisky: Ukrnafta to pay rent after repayment of debts by Naftogaz

The change of management in the largest oil company Ukrnafta was not due to company’s failure to pay more than UAH 5 billion in rent, as was reported by member of the Supervisory Board of Ukrnafta Ihor Kolomoisky before a meeting of the board.

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According to him, state-owned energy company Naftogaz, in turn, has to pay UAH 50 billion in outstanding debts to Ukrnafta.

"According to the law, the Supervisory Board [of Ukrnafta] can dismiss the [management] if there are grounds for that. And the shareholders meeting, [is being held] exactly as stipulated by the law," Kolomoisky said.

According to him, today's meeting of the Supervisory Board is of a formal nature – it was convened to review the company’s report.

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