“The draft law was developed with the aim of increasing the transparency of the management bodies of state banks, state enterprises, state organizations which function to make a profit, and business entities where more than 50% of shares of authorized capital belong to the state,” the explanatory note says.
The document is also aimed at eliminating the existing contradictions and establishing a circle of entities that are subject to anti-corruption legislation.
But the head of the Anti-Corruption Action Centre Vitaliy Shabunin in his blog on Ukrainian Truth noted that the main goal of this bill was to allow not to declared property of minor children who do not live with parents-declarants.
“And the point here is not even corruption, because if you use or manage this property, you still have to declare it. The point is the reluctance of one of the authors to show their illegitimate children in the declarations,” Shabunin wrote.
The bill also establishes the obligation to disclose remuneration to the supervisory boards of state-owned enterprises and to declare to the management of companies, most of the shares of which belong to the state. The paragraph on illegitimate children was “hidden” among these norms.