Ukraine speaker expects anti-corruption bill approved today

2018/6/7 13:38:15

Analyst: “This morning, MP Mustafa Nayyem claimed that a compromise was reached last night in forming a joint commission in which international judges have a slight majority, as reported by pravda.com.ua.”

 


KYIV, June 7, 2018 - Andriy Parubiy [pictured], the speaker of Ukraine's parliament, stated on June 6 that he expects a majority of MPs will vote to approve the independent anti-corruption court demanded by the IMF by noon on June 7, Concorde Capital informed clients today. “I urge all MPs to come to the hall tomorrow. It will be an important and decisive day,” he said. Commenting on the bill, U.S. Ambassador to Ukraine Marie Yovanovitch said it should fully comply with the IMF’s demands. “Failure to pass an IMF-compliant bill would erode Ukraine’s ability to fight corruption, prevent Ukraine from receiving billions of dollars in assistance, and destabilize the economy,” she said in an interview to Interfax-Ukraine published on June 6.

 

Concorde analyst Alexander Paraschiy added: “Recall, the remaining issue on the anti-corruption court bill, which was not agreed upon with the IMF, is the process of selecting the court’s judges. The IMF insists that an international selection committee should have a veto right for candidates, while Ukrainian power brokers want to ensure that local judges will have some ability to overcome such veto. This morning, MP Mustafa Nayyem claimed that a compromise was reached last night in forming a joint commission in which international judges have a slight majority, as reported by pravda.com.ua.

 

This reduces the risk that the bill's final version won't be approved and we remain optimistic about its passage, whether today or a later date this month.

 

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For more information, link here: www.concorde.ua 

 

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