Zelenskyy's Income Decline Amid Transparency Drive

1 min read
Source: CNBC
Zelenskyy's Income Decline Amid Transparency Drive
Photo: CNBC
TL;DR Summary

Ukrainian President Volodymyr Zelenskyy's income fell by almost threefold between 2021 and 2022, with the family's cash balance dropping due to the "temporary termination of lease agreements on the territory of Ukraine as a result of the beginning of Russia's full-scale aggression." Zelenskyy, who has urged public officials to disclose their incomes, published his income for the first time as part of the country's push for European Union membership and to promote transparency. Additionally, the Security Service of Ukraine revealed a $40 million arms procurement corruption scheme involving employees from Ukrainian arms firm Lviv Arsenal and Ministry of Defense officials.

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